Web Ref CL1168
R45,763 pm
Gross Monthly Rental
R45,763 Excl. VAT
R45,763 Excl. VAT
Lease Period
36 months
36 months
Availability
Immediately
Immediately
Highly sought after retail space newly available
Strong Established Neighbourhood Centre of 10,600 sqm.
• 17 years of trading with an high quality Tenant Mix – 34 Retail Stores, 10
Offices, 3 Service Industrial Units and 2 ATM’s.
• Anchored by one of the largest and best trading Woolworths convenience
food stores in KZN, and also by a large Clicks complete with Pharmacy and
Clinic, together with a high percentage of other national tenants.
• Woolworths is currently upgrading their store to be completed in February
2025, becoming the highest quality offering they have in South Africa, one
of only four stores of this nature in KZN! With this, they have signed a fresh 10-year lease.
• Occupancy has historically close to 100%.
• Car Traffic Count averages over 91,000 cars per month, achieving closer to
100,000 cars in December.
• Traffic Car Count consistent for all 7 days of Week
o Using March 2023 - Feb 2024 Figures (Avg. cars entering centre per
day): Mon (2768), Tues (2992), Wed (3021), Thurs (3091), Fri (3305),
Sat (3137), Sun (2573).
• Over 70% of GLA let to tenants until 2026 or later. Our tenant retention %
remains extremely high on renewal.
• The three restaurants being The Black Rabbit, Olive and Oil and Oscars are
all amongst the best trading restaurants in the Upper Highway area.
• Lillies Quarter is well maintained and is beautifully landscaped.
• The centre has 24-hour security guards and a full CCTV system, and has
an excellent security record.
• The centre has 2 lifts providing convenient access.
• There is a dedicated onsite management team operating from Mon to Fri 8am to 4:30 pm providing an A grade service!
• 17 years of trading with an high quality Tenant Mix – 34 Retail Stores, 10
Offices, 3 Service Industrial Units and 2 ATM’s.
• Anchored by one of the largest and best trading Woolworths convenience
food stores in KZN, and also by a large Clicks complete with Pharmacy and
Clinic, together with a high percentage of other national tenants.
• Woolworths is currently upgrading their store to be completed in February
2025, becoming the highest quality offering they have in South Africa, one
of only four stores of this nature in KZN! With this, they have signed a fresh 10-year lease.
• Occupancy has historically close to 100%.
• Car Traffic Count averages over 91,000 cars per month, achieving closer to
100,000 cars in December.
• Traffic Car Count consistent for all 7 days of Week
o Using March 2023 - Feb 2024 Figures (Avg. cars entering centre per
day): Mon (2768), Tues (2992), Wed (3021), Thurs (3091), Fri (3305),
Sat (3137), Sun (2573).
• Over 70% of GLA let to tenants until 2026 or later. Our tenant retention %
remains extremely high on renewal.
• The three restaurants being The Black Rabbit, Olive and Oil and Oscars are
all amongst the best trading restaurants in the Upper Highway area.
• Lillies Quarter is well maintained and is beautifully landscaped.
• The centre has 24-hour security guards and a full CCTV system, and has
an excellent security record.
• The centre has 2 lifts providing convenient access.
• There is a dedicated onsite management team operating from Mon to Fri 8am to 4:30 pm providing an A grade service!
Features
Zoning
Retail
Interior
Floor Loading Cap.
1.00 Tn/m²
Power (3 Phase)
Yes
Power (Amps)
100
Exterior
Security
Yes
Sizes
Floor Size
262m²
