Commercial Property News South Africa

Increased Middleburg Mall still on track

Despite the increase in GLA of the Middleburg Mall from the original planned 34 000m² to 43 555m², the mall is already 95% let, ahead of its scheduled April 2012 opening.

"Strong retailer demand prompted us to expand the size of the mall to allow for a tenant mix of 94 stores," says Patrick Flanagan of developer Flanagan & Gerard. "The mix is built on a base of national retailers, including Checkers, Woolworths, Edgars, Pick 'n Pay and Game."

Other major retailers include Mr Price Home, Clicks, Musica, Pep, Incredible Connection, Truworths, Foschini, Sportscene, Markham, Total Sports, Exact @home, CNA, Miladys, Cape Union Mart, Donna Claire, Identity, Queenspark, Bargain Books, Torga, Legit, Galaxy, NWJ, Sterns and ASJ Jewellers.

A new FNB branch joins the other major banks in providing a comprehensive selection of banking outlets.

In restaurants, the mall offers Wimpy, Mugg & Bean, Steers, Debonairs, Fishaways and Giramundo.

Services for shoppers are also well covered, with two local optometrists locating their practices to the mall, along with two local hairdressers and a Perfect 10 nail and body studio. Specialty stores include Raslo Music, which specialises in musical instruments and equipment and Kanhym Meat Deli.

"We have built-in expansion potential at Middelburg Mall that could see GLA increase to more than 50 000m² if demand continues at its current pace," says Jannie Moolman of the Moolman Group.

The mall is set to provide a comprehensive retail destination for the fast-growing and increasingly affluent population of Middleburg and surrounding areas such as Dullstroom, Machadodorp, Ermelo and Steelpoort.

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