Established East Rand Mall For Sale R120 000 000 excl vat
The property has a total area around 46,000 square meters including the business area of 16,811 sq meters and 14 shops. Most of those shops,chain stores. Mixed with destination retailers and all enjoy the high level of exposure of the location. Redevelop 130 new stores to dealing with wide range of commodities and perfecting combination of Western and Eastern culture and the integrator of shopping, leisure and entertainment attracted numerous consumers; particularly at the weekend, there are usually no parking bays available. At such, the percentage of the occupancy rate of the Mall reached into 97%! As a newly developed shopping centre, gaining a widespread reputation within real estate industry, also becoming a household word among Boksburg and Benoni areas. The ROI of this Mall exceeds the accepted industry norm on returns. Interested parties are subject to vetting and the signing of a Non Disclosure and Confidentiality Agreement.
Boksburg falls under the Ekurhuleni Metropolitan Municipality, the local government of Ekurhuleni encompasses the surrounding towns of Benoni, Springs, Germiston, Brakpan, Alberton, Kempton Park and Bedfordview to mention a few.
Boksburg was originally laid out in 1887 and served the surrounding gold mining operations but it quickly flourished into one of the commercial hubs of the East Rand. It now interacts...
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