Monday, November 19, 2012

Get Ready for Christmas Shopping



Phase one of the R170-million Lephalale Mall is on track to open its doors to shoppers at the end of November. Located on 12 hectares in Overwacht, the 15 800m2 shopping centre is anchored by a 4 200m2 Game  and 4 100m2 Checkers. The mall will offer a range of retail choices for shoppers: from shoes and fashion – with Spitz, Rage, Truworths, Edgars Active, Mr Price Sports, Identity, Studio 88, Pep and Jet;  to homewares – like Mr Price Home; Clicks and cellular services.

In addition, a high demand for banking facilities is being addressed with the opening of the mall, which includes a fully fledged Standard Bank branch, Capitec and Nedbank business unit. Food options include restaurants Wimpy and Spur, or fast food favourites like McDonald’s, Fish and Chip co. And King Pie
“Demand from national tenants has been so strong that not all interested tenants could be accommodation in the first phase,” says Jannie Moolman of the Moolman Group.
“Phase Two is intended to bring the total size of the mall to 32 000m2, with leasing for Phase Two currently in progress.”

“Lephalale Mall could eventually expand to 42 000m2,” he adds, “given the immense development potential in the area.”

Lephalale Mall is positioned between Nelson Mandela-and Chris Hani Drives, the major east-west arterials that link Onverwacht, to Ellisras, the nearby coal fields and power stations to the west, and the local airfield.

“The site draws from a  trade area characterised  by well educated, high LSM shoppers with a high level of employment,” explains Moolman, adding that the mall will attract shoppers from Botswana, just 70km away. 

Representing a vast investment which will boost the local economy, Lephalale Mall is a joint venture between Moolman Group and Uniqon.

“We see the opening of Lephalale Mall bringing sustainable economic growth and ahost of new employment opportunities in the area”, says Moolman.

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