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Commercial Property news

Tugela Ferry to get modern mall

7 Dec 2012 13:29
The 184 000 residents of Tugela Ferry will be able to access banking and retail services with the new 12 300sqm Tugela Ferry Mall, offering comprehensive retail from 34 stores, including a 3000sqm Shoprite, scheduled for opening in April 2014.
click to enlarge
The centre, with investment from Copper Zone and layout design, tenant mix strategy and leasing knowledge of Retail Network Services, will be on the R33 main route through town, with high visibility and accessibility. It will feature over 300 parking bays and integrated facilities for over 30 taxis, also making it accessible to shoppers from neighbouring areas.

"Today, the residents of the town have to travel at least 45kms to Greytown for banking and other basic shopping services, or to other 'nearby' major towns of Dundee some 80kms away and Ladysmith 110kms away," says Gavin Tagg of Retail Network Services. "The cost of this travel hits consumers hard and eats into their valuable spending power."

Tugela Ferry is a major town in the heart of the Masinga District of the Umzinyathi District Municipality. It is on the Tugela River's northern bank and is a seat of the Tribal Authority Government for the area. It is the focus of this growing area, with public facilities including a hospital, police station, the Department of Home Affairs, schools, courts and municipal offices.

Besides the large Shoprite and banks, proposed retailers for Tugela Ferry Mall will include comprehensive retail mix from convenience to fashion, food and furniture, all matched to the retail needs of the area.

"Tugela Ferry Mall will go beyond bringing comprehensive convenient everyday shopping to its market. It will add quality to lives and serve as a central social hub for the community," concludes Tagg.

Retail Network Services has a record of successes to its name, including Pan Africa Shopping Centre in Alexandra, Edendale Mall in Pietermaritzburg, Tsakane Mall in Springs, Protea Glen Shopping Centre and Jabulani Mall in Soweto.

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