The Kaalfontein Shopping Centre site is located on the corner of Main and Angelfish Road, both of which are very busy main roads in Tembisa. Tembisa is one of the largest, more formalised townships in SA with an annual population growth of 5 % and over 63 159 households.
The retail in the area has been over trading for some time and we have identified an opportunity to service not only the existing but also the 7 200 additional houses being built within close proximity to our site of which the services and construction has now commenced.
The centre, which opened in November 2017 is 9 600 m² with a strong convenience focus and excellent visibility.
Some of the national tenants include; Shoprite, Shoprite Liquor, Pep, Ackermans, Pep Cell, Capitec, Nedbank, Standard Bank, Meatworld, Debonairs, Romans, Power Clothing, MediZone Pharmacy, Autozone and Beaver Canoe.
See the weekly progress on site in the video below:
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