R430,000,000
EXCEPTIONAL LANDMARK RETAIL INVESTMENT IN THE HEART OF LEPHALALE
With a combined Gross Lettable Area (GLA) of approximately 24,510m² and delivering an attractive blended return of around 9.3%, this investment provides immediate, stable income backed by an impressive selection of blue-chip national tenants and long-term commercial fundamentals.
Rather than simply purchasing commercial real estate, this acquisition places you at the centre of one of Limpopo's most important retail destinations, serving a rapidly expanding community and benefiting from consistent consumer demand.
Portfolio Highlights
Shoprite Shopping Centre – Approximately 7,226m²
Purposefully designed as a modern enclosed shopping centre, this flagship property is anchored by Shoprite and supported by an established collection of nationally recognised retailers. Fashion and lifestyle brands create a dynamic shopping experience while generating reliable customer traffic throughout the week.
Boxer Retail Centre – Approximately 5,755m²
Perfectly positioned adjacent to one of Lephalale's busiest transport hubs, this open-air retail centre enjoys exceptional pedestrian volumes. Boxer Supermarket serves as the primary anchor, while complementary businesses including Boxer Liquor, Betta Bets, Webbers and Fastrak contribute to the centre's consistent trading performance.
Fashion Corner – Approximately 5,245m²
Dedicated to fashion, apparel and convenience shopping, this highly successful retail destination is home to many of South Africa's leading clothing brands. With generous customer parking and additional convenience services such as a pharmacy, the centre has established itself as a preferred shopping destination for residents throughout the region.
Banking and Office Centre – Approximately 2,541m²
A well-balanced mixed-use asset combining ground-floor retail with upper-level office accommodation. Major financial institutions occupy prominent positions within the building, while professional offices provide additional rental diversity and long-term stability.
Relebogile Centre – Approximately 3,542m²
Located on the edge of the Central Business District and within easy reach of a major taxi interchange, this busy retail complex accommodates a diverse mix of convenience retailers, service providers and national brands. Its strategic location ensures continuous exposure to both vehicular and pedestrian traffic.
Outstanding National Tenant Profile
One of the portfolio's greatest strengths lies in its exceptional tenant mix, consisting of well-established national retailers and respected corporate brands that provide dependable rental income.
The portfolio includes recognised names such as:
-Shoprite
-Checkers
-Boxer Supermarket
-Mr Price
-Truworths
-Ackermans
-Markhams
-Jet
-PEP
-Exact
-Rage
-Fashion World
-Sheet Street
-Tekkie Town
-Cashbuild
-Russells
-Beares
-Cash Crusaders
-Sleepmasters
-Debonairs Pizza
-King Pie
-OBC Chicken
-Autozone
-Pick n Save
The banking component is equally impressive, with leading financial institutions including:
-FNB
-Nedbank
-Standard Bank
-Capitec Bank
-ABSA
-African Bank
This outstanding tenant diversification significantly strengthens the resilience of the investment while reducing income risk.
A Town Built on Economic Strength
Lephalale continues to experience substantial economic expansion and infrastructure investment, positioning it among South Africa's most promising regional growth centres. The town's economy is underpinned by major industrial developments, mining operations and energy production, creating sustained employment opportunities and a growing consumer market.
The presence of the Grootegeluk Coal Mine together with the internationally significant Medupi Power Station continues to attract investment, businesses and residents, all of which contribute to increasing demand for quality retail facilities.
Commercial investment opportunities of this magnitude are exceptionally scarce. Offering scale, stability, outstanding tenant quality and significant long-term growth potential, this landmark portfolio presents a compelling proposition for institutional investors, property funds and discerning private investors seeking a high-performing commercial asset.
Contact your PRINCIPAL PRACTITIONER in REAL ESTATE today for comprehensive financial information and to arrange a confidential discussion regarding this extraordinary investment opportunity.
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