select
|

New R330 million Carletonville Mall is on track for October opening

The R330 million Carletonville Mall on Gauteng’s West Rand is set to open in October, with more than 85 percent of the 25 500m² mall spoken for.


Construction is under way at the R330 million Carletonville Mall, which is due to open in October.

Developer Bentel Group is now looking for local businesspeople to take up franchise and other retail entrepreneurial opportunities in the balance of the space available in the new centre.

Situated in gold-rich Carletonville, the mall is on a prime site in Station Road, which has direct access to the R501 primary provincial road to Potchefstroom in North West. The mall is a small regional centre and will not only bring a quality shopping destination to the Carletonville community, but will serve neighbouring Khutsong and the broader catchment area including Westonaria, Fochville and people travelling to Potchefstroom.

“Carletonville Mall is going to bring a whole new shopping experience to the local community, as well as draw shoppers from neighbouring towns and act as an interceptor to motorists travelling through the area,” says Selwyn Bentel, director of the Bentel Group.

“With most of the space at Carletonville Mall already taken, we now want to secure and finalise franchise as well as mom and pop store opportunities to fill up the balance of the space. We are looking for entrepreneurs that have the capacity to run quality operations through these smaller store opportunities. With the remaining franchise and mom and pop store opportunities available, we want to create a good and varied tenant mix at the mall.

“We find that these stores contribute to the distinctiveness of a mall, bringing a local flavour to the mix and making the centre an integral part of the community that support it,”

With a new railway bridge, road interchange and pedestrian access bridge being built near the mall, access for shoppers is set to be significantly improved and travel time reduced. The mall will also have ample parking and a formal taxi drop off facility.

“The extension of Grundling Street linking to the mall will provide easy access for local residents of Carletonville as well as reducing the drive time for Fochville residents,” says Bentel.

Carletonville Mall is anticipated to have around 85 stores, restaurants and service outlets when it is complete and fully let. Confirmed anchor tenants include Pick n Pay, Choppies Supermarket, Woolworths and Cashbuild. Further national tenants include Truworths, Clicks, Identity, Exact, Mr Price, Sportscene, PEP, Tiger Wheel and Tyre, Lewis Furnishers and Joshua Doore.

“The gold-mining town of Carletonville is famed for being one of the richest gold-producing areas in the world and is home to Western Deep, one of the world’s deepest mines. However, it does not have a quality shopping mall under a single roof. Retail in the town is fragmented and largely served by the CBD and a lot of buying power is escaping from the town to the detriment of local entrepreneurs,” says Bentel.

“Carletonville Mall’s development represents a major investment by Bentel Group, arguably the biggest private sector investment in the town outside its mainstay mining sector. Construction is continuing apace for the mall to be ready, with about 250 construction workers on site at present.

“Besides jobs during construction, many job opportunities will be created in all the retail stores and other outlets at the mall when it opens to the public in October,” he says.

East Rand based Bentel Group is one of Gauteng’s leading privately-owned property investment and development companies. The Carletonville Mall development is one of several commercial property projects underway or on the drawing board for the group.

The Bentel Group is led by the Bentel brothers, Selwyn and Aubrey, whose well-known developments include East Rand Retail Park in Boksburg, Retail Crossing on the West Rand, and the Dis-Chem Head Office and Distribution Centre in Midrand.

To facilitate the leasing process potential franchisees need to apply first to the franchisor’s head office for approval before approaching Bentel. Call 011 894 1904 or 012-809 4170


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
    • 16 Nov 2017
      The area has long been popular with kite surfers and, with escalating property prices in Cape Town itself, is increasingly in demand with home owners who work in town, but are looking to invest in more affordable properties.
    • 16 Nov 2017
      Cape Town’s popularity as a world-class tourist destination has resulted in a spike in the number of homes available for holiday lets and fuelled investor demand for sectional title units with short term rental potential.
    • 15 Nov 2017
      Sappi, one of South Africa’s oldest global companies and a leading global supplier of sustainable woodfibre products, has moved its global and regional headquarters to a new site on the corner of Oxford and 14th Avenue in Rosebank.
    • 15 Nov 2017
      There’s an old saying in real estate that you should seek to make a profit when you buy, not only when you sell – and a large part of succeeding at that endeavour is buying a home in an area with desirable features that will enhance the resale value of your property.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK