Kanana Mall - 2594 Jd Khumalo St, Kanana, Orkney, 2619, South Africa

Details

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.