Gugulethu Square Shopping Centre, Western Cape

LOCATION
Gugulethu Square Shopping Centre is situated on Steve Biko Street, one of the main roads in the area linking the suburbs north of the N2 with the suburbs south of this national road. This quality, modern centre is in the heart of Gugulethu in Cape Town.
DESIGN
The Centre consists of three separate buildings; the north mall with a Superspar anchor; the south mall with a Cashbuild and line shops; and the main mall, with a Shoprite anchor, a formal taxi rank and a further 1,000m2 of unutilised bulk.
ACCESS
Gugulethu Square Shopping Centre is easily accessible from the N2, off Steve Biko Street which links the north and south suburbs, without utilising the busy highway. It is therefore a significant through route for public transport. The centre is also accessible by foot from the surrounding residential area and via taxi from the on-site taxi rank.
TENANT MIX
There is a diverse and strong tenant mix with 54 national tenants occupying approximately 90% of the rentable retail area. These tenants include Shoprite Checker, Superspar, Jet, Cashbuild and FNB.

KEY FACTS

Region Western Cape
LSM 3 – 6
Total GLA 25 322m2
Monthly Rental R123.46/m2
% National Tenants 90%
Anchor GLA
Shoprite Checkers 3 500m2 (14%)
Superspar 2 924m2 (12%)
Jet 1 508m2 (6%)
Cashbuild 1 320m2 (5%)
FNB 883m2 (3%)
Property Manager Reginald Bunton
Contact number (+27)21 637 7939
Email Address rbunton@broll.com