{"id":867887,"date":"2026-11-08T11:00:00","date_gmt":"2026-11-08T09:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=867887"},"modified":"2026-11-06T19:49:15","modified_gmt":"2026-11-06T17:49:15","slug":"new-r390-million-mall-coming-to-major-south-african-city","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/867887\/new-r390-million-mall-coming-to-major-south-african-city\/","title":{"rendered":"New R390 million mall coming to major South African city"},"content":{"rendered":"\n

Ntuzuma Junction is set to bring formal retail to a large township in eThekwini, KwaZulu-Natal, in March 2027. <\/p>\n\n\n\n

The project is being developed by JSE-listed Exemplar Retail and AJ Property Holdings.<\/p>\n\n\n\n

The centre will be anchored by Boxer and Shoprite, and will have a gross lettable area of approximately 19,000 sqm. <\/p>\n\n\n\n

Additional tenants include Clicks, Foschini, KFC, McDonald’s, Pep and three banks. The development is set to cost R390 million. <\/p>\n\n\n\n

AJ Property Holdings said that the mall is strategically located in a densely populated, predominantly low-income residential area, with strong demand for convenience retail. <\/p>\n\n\n\n

The area had an estimated 2020 per capita annual income of R33,100 and supports a population of over 100,000 residents across 20,000 households, with a buying power of around R1.5 billion. <\/p>\n\n\n\n

AJ Property Holdings added that the mall is situated along key local feeder routes in Ntuzuma and benefits from high visibility and accessibility, with around 1,000 vehicles per hour passing by. <\/p>\n\n\n\n

“Ntuzuma Junction is a strategically planned convenience shopping centre designed to serve the high-density residential communities of Ntuzuma and surrounding areas,” said AJ Property Holdings.<\/p>\n\n\n\n

“The development will deliver a strong, value-driven tenant mix anchored by national grocery retailers and supported by essential services, affordable fashion, healthcare, cellular and technology stores, and everyday convenience retail.”<\/p>\n\n\n\n

It added that the mall will meet the community retail demand, while also maximising turnover potential and sustainable trading performance. <\/p>\n\n\n\n

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Photos of Ntuzuma Junction<\/h2>\n\n\n
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<\/p>\n","protected":false},"excerpt":{"rendered":"

Ntuzuma Junction will open its doors in March 2027, brining formal retail to a massive township. <\/p>\n","protected":false},"author":10,"featured_media":867903,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"posted","_sma_x_autopost_error":"","_sma_x_post_id":"2119355505332171148","_sma_facebook_post_id":"191437357620492_2265423880944677","_sma_instagram_post_id":"18339780763273522","_sma_x_attempts":1,"footnotes":""},"categories":[9872],"tags":[24493,18715,25866],"class_list":["post-867887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-aj-property-holdings","tag-exemplar","tag-mccormick-property-development"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/867887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=867887"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/867887\/revisions"}],"predecessor-version":[{"id":883162,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/867887\/revisions\/883162"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/867903"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=867887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=867887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=867887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}