Property developer Abland is set to construct a new shopping mall in Cape Town, known as the Groot Phesantekraal Shopping Centre. This mall will be situated on one of the region’s oldest farms, just northeast of Durbanville, at the intersection of Okavango Road and R312 Klipheuwel Road. Abland has confirmed that the project will encompass a 30,000m² shopping centre, with plans for it to open its doors for business in the third quarter of 2024.
The establishment of this shopping centre can have a significant impact on the property market in its vicinity. Such a development tends to create a focal point for commercial and retail activities, attracting a higher number of shoppers and visitors to the area.
Properties within close proximity to the shopping centre may witness an increase in value and demand, as people prefer the convenience of living near various amenities and retail options.
The opening of the Groot Phesantekraal Shopping Centre in Durbanville represents an exciting development for the local community. Offering a modern and diverse retail experience, an array of dining options, and a focus on entertainment and leisure. With its community-focused approach and convenient location, the Phesantekraal Shopping Centre is poised to become a beloved hub of activity, enriching the lives of those who call Durbanville home.