<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-25.9958346" data-lng="28.1272633" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-25.9958346&quot;,&quot;lng&quot;:&quot;28.1272633&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:200000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km Radius&quot;,&quot;description&quot;:&quot;Core trading area around the mall in Midrand&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km Radius&quot;,&quot;description&quot;:&quot;Extended trading zone including greater Johannesburg suburbs&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;200,000 People&quot;,&quot;description&quot;:&quot;Estimated total population in primary and secondary catchment, based on Midrand growth from 87,000 in 2011&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;2.5&quot;,&quot;description&quot;:&quot;Annual urban growth rate in Midrand area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;32 Years&quot;,&quot;description&quot;:&quot;Average age of residents in cosmopolitan Midrand&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.0 Persons&quot;,&quot;description&quot;:&quot;Typical family size in urban South African households&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of adults with tertiary education in Midrand&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;28,000 ZAR per month&quot;,&quot;description&quot;:&quot;Average monthly income for households in Midrand, higher than national average&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Local rate, lower than national 33% due to business district&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;85 Index (SA=100)&quot;,&quot;description&quot;:&quot;Relative cost in Johannesburg area&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;15,000 ZAR per year&quot;,&quot;description&quot;:&quot;Annual retail expenditure per person in urban SA&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;2,000 ZAR per year&quot;,&quot;description&quot;:&quot;Estimated annual spend on clothing and fashion&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;5,000 ZAR per year&quot;,&quot;description&quot;:&quot;Annual grocery expenditure per capita&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;1,500 ZAR per year&quot;,&quot;description&quot;:&quot;Estimated spend on consumer electronics&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated yearly visitors for community mall in Midrand&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;8,000 ZAR per year&quot;,&quot;description&quot;:&quot;Annual sales revenue per sqm of GLA&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;108 Stores&quot;,&quot;description&quot;:&quot;Total retail outlets in the centre&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Major anchors include Pick n Pay, Game, Jet, Clicks, Truworths&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;High Density&quot;,&quot;description&quot;:&quot;Near major malls like Mall of Africa and Waterfall&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of fashion, groceries, services catering to cosmopolitan market&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Boulders theme Concepts&quot;,&quot;description&quot;:&quot;Unique granite boulders integrated into design&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;48,632 sqm&quot;,&quot;description&quot;:&quot;Total leasable retail space&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;1 Levels&quot;,&quot;description&quot;:&quot;Primarily single-level mall&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;180 ZAR per month&quot;,&quot;description&quot;:&quot;Estimated average rental rate based on listings&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;4.0&quot;,&quot;description&quot;:&quot;Low vacancy typical for established SA malls&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;3-5 years Years&quot;,&quot;description&quot;:&quot;Standard lease terms with renewal options&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;1,141 sqm&quot;,&quot;description&quot;:&quot;Current vacant space listed for lease&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access&quot;,&quot;description&quot;:&quot;Located on Old Pretoria Road&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Access&quot;,&quot;description&quot;:&quot;Near Gautrain and bus routes in Midrand&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,800 Spaces&quot;,&quot;description&quot;:&quot;Estimated parking capacity for shoppers&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Moderate Traffic&quot;,&quot;description&quot;:&quot;Foot access from surrounding residential areas&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;Strong online retail presence in SA affecting physical sales&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Percentage of shoppers using in-mall pickup services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;70.0&quot;,&quot;description&quot;:&quot;Household internet access in urban Gauteng&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;2 Incidents per 1,000 visitors&quot;,&quot;description&quot;:&quot;Low rate with security measures in place&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards Measures&quot;,&quot;description&quot;:&quot;Comprehensive surveillance and personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Multiple annual Events&quot;,&quot;description&quot;:&quot;Includes Black Friday, community lunches&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Adoption of tenant loyalty programs like TFG Rewards&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Used for promotions and directions&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;3.0&quot;,&quot;description&quot;:&quot;Expected increase based on regional development&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing Pipeline&quot;,&quot;description&quot;:&quot;Active leasing for new brands&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Vacant land available Plans&quot;,&quot;description&quot;:&quot;Potential for further development on site&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:3439,&quot;slug&quot;:&quot;waterfall-corner&quot;,&quot;name&quot;:&quot;Waterfall Corner&quot;,&quot;lat&quot;:&quot;-26.022&quot;,&quot;lng&quot;:&quot;28.089&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;Waterfall Corner is a convenience retail centre with a gross leasable area of 10,511 square metres, located in Waterfall City, Midrand, Gauteng, South Africa. Opened in April 2014, it serves as a gateway to the expansive Waterfall City mixed-use precinct, which spans over 2,200 hectares and includes residential estates, offices, and the nearby Mall of Africa. The centre targets the affluent residential market in surrounding estates such as Waterfall Hills, Waterfall Equestrian Estate, and Waterfall Country Estate, providing everyday shopping, dining, and services. Anchor tenants include Checkers for groceries, Woolworths for premium food and apparel, and Clicks for health and beauty products. The tenant mix emphasizes family-oriented retail with categories like fashion, home goods, and services, complemented by a diverse restaurant lineup including Daruma by Oskido, La Parada, ColCacchio, The Hussar Grill, and Cowfish, fostering a vibrant piazza for social gatherings. Market position is strong within a rapidly growing node between Johannesburg and Pretoria, benefiting from Waterfall Citys status as one of Africas largest integrated developments. Leasing advantages include proximity to high-income households with average incomes exceeding R500,000 annually, stable occupancy supported by the areas economic expansion in business process outsourcing and logistics sectors, and flexible space options in a low-vacancy environment. However, retailers face challenges from the dominant nearby Mall of Africa, which draws comparison shoppers and higher footfall, potentially impacting smaller stores sales. Accessibility via the N1 highway and R55 ensures good connectivity, though traffic congestion during peak hours poses risks. Overall, the centre maintains operational quality with modern infrastructure, though aging elements may require future investments. Retail performance metrics indicate solid turnover, with South African convenience centres averaging R8,000-R12,000 per square metre annually, influenced by a demographic profile of young professionals and families driving consistent demand for convenience retail.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Midrand&quot;},&quot;anchor_tenants&quot;:&quot;Checkers;Woolworths;Clicks&quot;,&quot;distance&quot;:4.8,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;24&quot;,&quot;gla_sqm&quot;:&quot;10511&quot;,&quot;anchor_tenants&quot;:&quot;Checkers;Woolworths;Clicks&quot;}},{&quot;id&quot;:2232,&quot;slug&quot;:&quot;mall-of-africa&quot;,&quot;name&quot;:&quot;Mall Of Africa&quot;,&quot;lat&quot;:&quot;-26.014806&quot;,&quot;lng&quot;:&quot;28.106528&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;The Mall of Africa is a super-regional shopping center in Waterfall City, Midrand, Gauteng, South Africa, at Cnr Magwa and Lone Creek Crescents. Spanning 130,000 square meters of gross leasable area, it is Africas largest single-phase mall, opened in 2016 as the retail anchor of the expanding Waterfall City mixed-use precinct. It houses over 300 stores across fashion, beauty, and lifestyle categories, including international brands like Zara, Hugo Boss, and Michael Kors, local retailers such as Woolworths and Maxhosa Africa, plus 50 restaurants and entertainment venues like a 9-screen IMAX cinema and indoor trampoline park. The tenant mix emphasizes premium and experiential retail, supporting high sales densities. Market position is robust, serving a primary catchment of 65,000 affluent households in Waterfall City with average incomes over R50,000 monthly, and a secondary catchment of 3 million in greater Gauteng. Accessibility is strong via the N1 highway, midway between Johannesburg and Pretoria, with 7,000 parking bays. Occupancy stands at 95%, with annual footfall around 15 million visitors. Leasing advantages include prime visibility, turnover-based rents, and growth in lifestyle categories, though economic factors like inflation and e-commerce competition pose risks. Operational quality is high, earning awards as South Africas Coolest Mall in 2024.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Midrand&quot;},&quot;anchor_tenants&quot;:&quot;Woolworths, Edgars, Game, Checkers Hyper&quot;,&quot;distance&quot;:2.96,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;124713&quot;,&quot;anchor_tenants&quot;:&quot;Woolworths, Edgars, Game, Checkers Hyper&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:5121,&quot;slug&quot;:&quot;blue-hills-shopping-centre&quot;,&quot;name&quot;:&quot;Blue Hills Shopping Centre&quot;,&quot;lat&quot;:&quot;-25.9444442&quot;,&quot;lng&quot;:&quot;28.1065236&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;Blue Hills Shopping Centre is a single-level convenience retail destination spanning 12,147 square meters, located at the intersection of Olifantsfontein Road and African View Drive in Midrand, Gauteng, South Africa. Opened in 2015 and owned by HCI Properties with management by Prop Active Pty Ltd, it serves the surrounding residential suburbs, schools, and growing business community in this strategic corridor between Johannesburg and Pretoria. The centre features over 45 stores, anchored by major retailers Pick n Pay, Woolworths Food, and Clicks Pharmacy, providing essential grocery, pharmacy, and daily needs shopping. Tenant mix includes fashion, health and beauty outlets, financial services, education centers like Kumon, and dining options such as Doppio Zero, Ocean Basket, and drive-through fast food from KFC, Nandos, and McDonalds. Additional amenities encompass a kids play area, car wash in the basement, medical and dental services, ensuring broad appeal for families and professionals. Accessibility is strong via major arterial roads, with ample free open parking and 24-hour CCTV security enhancing safety. In the Midrand market, characterized by rapid urbanization and population growth to over 300,000 residents, the centre benefits from high local footfall estimated at moderate levels for convenience formats, around 5,000-7,000 daily visitors based on regional benchmarks. Occupancy stands at approximately 92-95 percent, aligning with Gauteng retail averages of 93 percent per 2024 market reports, supported by stable demand for neighborhood retail amid economic pressures. Rent levels range from R150-R250 per square meter per month, reflecting convenience centre positioning with turnover rents offering flexibility. Leasing advantages include short-term opportunities in expanding categories like health services and quick-service food, low entry barriers for small retailers, and proximity to affluent demographics with household incomes averaging R20,000-R50,000 monthly. However, challenges include competition from larger regional malls like Mall of Africa drawing leisure shoppers, potential infrastructure strain from traffic congestion on Olifantsfontein Road, and market saturation in grocery-anchored convenience segments, where e-commerce growth erodes 5-10 percent of traditional sales annually. Operational quality is solid with modern build and maintenance, but aging elements may emerge by 2030 without upgrades. Overall, it positions as a reliable local hub for retailers targeting everyday essentials, with balanced risk from economic volatility in South Africa.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Midrand&quot;},&quot;anchor_tenants&quot;:&quot;Pick n Pay, Woolworths Food, Clicks, KFC, Nando&#39;s, McDonald&#39;s&quot;,&quot;distance&quot;:6.08,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;45&quot;,&quot;gla_sqm&quot;:&quot;12147&quot;,&quot;anchor_tenants&quot;:&quot;Pick n Pay, Woolworths Food, Clicks, KFC, Nando&#39;s, McDonald&#39;s&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/the-boulders-shopping-centre" id="mall-map-wrapper"><div data-city="Midrand" data-current-mall="true" data-id="the-boulders-shopping-centre" data-lat="-25.9958346" data-lng="28.1272633" data-map-target="mall" data-name="The Boulders Shopping Centre" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km Radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 km Radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">200,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">2.5</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">28,000 ZAR per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">85 Index (SA=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">15,000 ZAR per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">2,000 ZAR per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">5,000 ZAR per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">1,500 ZAR per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1,500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">8,000 ZAR per year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">108 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">High Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">48,632 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">1 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">180 ZAR per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">4.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Good Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,800 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Moderate Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">70.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2 Incidents per 1,000 visitors</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and guards Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Multiple annual Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">3.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Ongoing Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Vacant land available Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>