Mall at Newmarket ready to open its doors

ALBERTON- With just over a week before its grand opening, Mall at Newmarket has Alberton shoppers all excited with anticipation.

Developed over what used to be the Newmarket Racecourse in Alberton, Mall at Newmarket is conveniently located at the Newmarket Park, a 77.3 hectare property development south east of Alberton’s CBD.

According to Moolman Group’s Johann du Preez, anchors for the 34,000m² shopping centre include Checkers Hyper, Virgin Active, Builders Warehouse and Food Lovers Market.

Other tenants set to open at the mall include Nedbank, ABSA, FNB, Viva Bingo, Catbox Hyper and Waltons. Restaurants, including Spur, John Dory, Panarotti’s, Wimpy and Mugg & Bean, will be offering shoppers a wide variety of delicious dishes.

Embracing its unique location, Mall at Newmarket will also feature a large horse-themed kids play area located near the entrance, to keep the little ones entertained.

Newmarket’s strong tenant mix is set to cater for the needs of the greater Alberton area, which includes Meyerton, Vosloorus and Katlehong.

Du Preez explains: “Market research for the project shows that Alberton, which consists of a large residential market of almost 200 000 households, is more than ready to receive the new shopping centre.”

With more than 40 000 houses being home to families in the upper income levels, Alberton is also the only city in Gauteng where no major decentralised shopping facilities currently exist. The proposed Mall at Newmarket will fill this gap and offer a rich shopping alternative for the households in its primary trade area.

“The market is already well established and growing. As far as major growth prospects are concerned, we see Alberton becoming the dominant city in the south of the R59 corridor development. All this will have a positive impact on the growth prospects for our new centre,” says du Preez.

Mall at Newmarket is being developed by Moolman Group in a joint venture with Linton Projects and Rejem Property Development, with Nedbank as finance partner.

Linton Projects and Rejem Property Development jointly own 56 perc ent of the undivided shares in the project, while Style Star, a subsidiary of the Moolman Group, owns the remaining 44 per cent. Moolman Group is a highly respected property investment enterprise which owns and manages property portfolios across Southern Africa, and provides a comprehensive and professional approach to property development.

Mall at Newmarket will open on Thursday, October 22, and, in time, will ultimately expand to occupy some 80,000m².

“As we approach the opening of Mall at Newmarket, we are extremely excited to bring world-class, one-stop shopping to this community and create valuable retail and social infrastructure in Alberton,” says du Preez.

“We are proud to partner with Linton Projects and Rejem Property Development to develop this landmark mall and look forward to welcoming local shoppers to enjoy a unique, quality shopping experience.”