Kanana Mall - 2594 Jd Khumalo St, Kanana, Orkney, 2619, South Africa
Convenience/Township Retail Portfolio | Retail | Vendita a Offerta Riservata
Dati
Kanana Mall
Corner Khotso Avenue and Jd Khumalo Street, Kanana, Orkney.
Kanana Mall is a unique township convenience shopping centre in the Kanana township in the periphery of Orkney.
It presents prospective purchasers with a compelling investment opportunity in the burgeoning Kanana retail market. It provides a strong, stable income stream generated from an excellent tenant mix of mostly national tenants.
Investments Highlights
- Being the only mall in the township, its’ dominance means that tenant demand remains constant
- Anchor tenants Shoprite and Cashbuild are supported by KFC, Ackermans, Pepkor and Clothing Junction
- The total ground floor retail trading GLA is 8,098 m² supplemented by solar energy rental
- The centre has a strong tenant mix with national tenants generating 74% of gross rental revenue
- Kanana township continues to grow supporting robust demand for retail
- Net Operating Income: R8 610 722 for 12 months beginning 1st September 2023
Investment Memorandum
For a full Investment Memorandum and further information, please click on the welcome tab, Register, and complete the NDA.
Mappa
Transaction Advisor
Fabio Nava
Director: Capital Markets - Advisory & Transaction Services
Contatta Fabio
