Commercial Property News South Africa

R1bn supermall opens in Thohoyandou August 2017

Thohoyandou in Limpopo will have its first fully enclosed, double-storey, air-conditioned regional mall when it opens on 24 August 2017. Thavhani Mall, a R1bn project will have over 134 shops, restaurants and service outlets in a 50,000sqm development.
R1bn supermall opens in Thohoyandou August 2017

Thavhani Mall’s anchor tenants will be Woolworths, Edgars, Pick n Pay and SuperSpar. They will be joined by popular national retail brands, starting with Foschini, Truworths and Mr Price.

New retailers entering the region include Woolworths Food, as part of a large Woolworths store, McDonald's, Mr Price Sport, Hi-Fi Corp, Pep Home, House & Home, The Hub, Rochester, DMF, Torga Optical, D&H Milner, Spur, Panarottis, Queenspark, Donna Claire, Mr Price Home, Bogart Man, Green Cross, Sneakers, Hard Hats, Relay and Arthur Ford Perfume.

Khosi Ramovha
Khosi Ramovha

Seven years ago, local businessman Khosi Ramovha of Thavhani Property Investments had the vision for a regional mall in Thohoyandou. To drive his vision forward, he collaborated with South African shopping centre developers and investors, Flanagan & Gerard Property Development and Investment. JSE-listed REIT Vukile Property Fund has also committed to the partnership with a one-third stake in Thavhani Mall that will transfer when the mall is complete.

Paul Gerard, MD of Flanagan & Gerard Property Development and Investment, a shareholder in Thavhani Property Investments, says, “Thohoyandou is an attractive trade area but up to now, there has not been a suitable trading platform for these new brands in the area or for existing brands to expand. Now, with Thavhani Mall, more consumers will be able to satisfy their retail needs locally.”

Part of Thavhani City

Highlighting the impact the mall will have on the local economy, Ramovha, head of Thavhani Property Investments, says, “The mall will give local communities the biggest selection of shopping and leisure retail in the region and offer it in a way they have never before enjoyed. That is only the beginning. The mall is also creating jobs and is expected to boost further development in the area, making it an incredibly important project.”

Thavhani Mall is a key element of the Thavhani City urban precinct mega development that is on the rise across a 27ha site in Thohoyandou. Thavhani City is a modern mixed-use precinct that will also include the Thavhani Office Park, a motor-city and private healthcare facilities as well as a library, community centre, information centre, and the 40,000-capacity Thohoyandou Stadium.

The mall is easy for shoppers to access, whether they are from Thohoyandou and its surrounds. Well placed on the R524, with direct links to Louis Trichardt and Punda Maria, Thavhani Mall is right on the main crossroads with major north-south links to Sibasa and Giyani respectively.

The mall opens on 24 August 2017 and it is 85% let.

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