Development Paddocks Shopping Centre

Paddocks Shopping Centre is a large retail property located in Milnerton, a suburb of Cape Town, South Africa. Here's a profile of the property:

Location:
Paddocks Shopping Centre is located on the corner of Racecourse and West Coast Roads in Milnerton, Cape Town. The property is easily accessible from both the N1 and N7 highways, and offers ample parking for customers.

Size:
The shopping centre has a gross leasable area of approximately 45,000 square meters. It is a single-retail level mall with offices on the first floor.

Anchor tenants:
The property features two main food anchors; SPAR and Woolworths Foods. There are also several prominent restaurants in Mugg & Bean, Ocean Basket, Moksh, Wimpy along with Vida e Cafe and Kauai. These retailers anchor the centre and attract significant foot traffic, which benefits the smaller stores and services located in the mall.

Other tenants:
In addition to the anchor tenants, Paddocks Shopping Centre has a diverse mix of smaller retailers, services, and restaurants. Some of the notable brands and stores in the centre include Clicks, Wellness Warehouse and Bargain Books. The property also features a food court with kids play area. The office tenants are predominantly occupied by estate agencies.

Amenities:
Paddocks Shopping Centre offers a range of amenities to customers, including free basement and open parking, wheelchair access, a parent and child room, and public restrooms. The property is well-maintained and offers a safe and comfortable shopping environment.

Target market:
The shopping centre caters to a broad range of customers, from families and young professionals to seniors and tourists. With a mix of national and international retailers, as well as local boutiques and services, Paddocks Shopping Centre offers something for everyone.

Overall, Paddocks Shopping Centre is a well-established retail property that offers a diverse mix of retailers and services, ample parking, and a convenient location. Its mix of anchor tenants and smaller retailers ensures a steady stream of foot traffic, making it a desirable location for businesses looking to set up shop in Cape Town.