Waterstone Village Shopping Centre: A Prime Property Opportunity in Somerset West
Category Article
Waterstone Village Shopping Centre, strategically located at the corner of the R44 and Main Road in Somerset West, offers a compelling property investment and leasing opportunity. Situated in the affluent Heldervue area, this shopping centre serves as a bustling retail and lifestyle hub, attracting consistent foot traffic from nearby residential neighborhoods and commuters.
Accessibility and Highways
Waterstone Village benefits from excellent road connectivity, being just minutes away from the N2 highway and close to the R44, which links Somerset West to Stellenbosch and the surrounding wine country. This strategic location ensures easy access for both local residents and travelers passing through the Helderberg region, bolstering the centre's appeal as a retail destination.
Tenants and Retail Mix
The centre boasts a robust mix of anchor tenants, including Woolworths Food and Pick n Pay, which drive significant customer traffic. Complementing these are various specialty stores, such as pet supply shops, a hobby and model store, and Clicks for health and beauty needs. Dining options cater to families and individuals alike, featuring popular chains like Spur and John Dory's, alongside a Kentucky Fried Chicken drive-through. This tenant mix creates a balanced offering, meeting both daily convenience and lifestyle needs
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Leasing Potential
Retail spaces at Waterstone Village are highly sought after due to the centre's strong customer base and its positioning in an area of steady economic growth. Tenants benefit from the centre's ample parking, high visibility, and the established reputation of its anchor stores. For property investors, the variety of long-term leasing opportunities ensures a steady income stream.
Nearby Amenities
In addition to its retail and dining options, the centre is expanding to include a gym and petrol station, further enhancing its value proposition. The proximity to prominent landmarks like the Lord Charles Hotel and the surrounding Heldervue and Somerset West residential areas make Waterstone Village a central lifestyle hub
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A Growing Investment
As an alternative to larger, busier malls like Somerset Mall, Waterstone Village appeals to those seeking a more relaxed shopping environment. Its location and tenant diversity position it as an ideal property for both investors and business owners looking to establish a presence in the thriving Somerset West market.
Disclaimer: The information provided above is based on available sources and may not be completely accurate. Vermaak Properties cannot be held liable for any discrepancies or damages arising from its use.
Author: Slate Volschenk
