Westfield West Lakes

Westfield West Lakes is a large South Australian shopping centre in the north-western Adelaide suburb of West Lakes, developed in the late 1970s. It contains approximately 231 stores, with anchor tenants Kmart, Coles Supermarket, Woolworths, David Jones, Reading Cinemas, Harris Scarfe and Go-Lo (Australian Discount Retail Pty. Ltd.)^[1]

Ownership History

Built in the mid 1970's as a part of the West Lakes Development by Devine Properties, West Lakes Mall was opened in November 1974.^[2] The centre was designed to be in the 'Community Square' of West Lakes, which is also home to the Lakes Resort and AAMI Football Stadium. Owned by Deutschland Retail Property Trust Australia Limited, Westfield Group acquired a 50% interest in 2002. Subsequently, the remaining 50% ownership was sold to a private Australian Investment firm.

Redevelopment

2004 - 2006 saw a major expansion to the North of the centre. Located next to David Jones, a large food court, fashion strip and Reading Cinema complex was built. Adjoining the cinema, is a large double storey carpark, overlooking AAMI Stadium to make up for lost carparking. The City Of Charles Sturt Community Centre and Library also relocated to a former hardware store, straddling West Lakes Bvld, also owned by Westfield.

Value

According to the December 2005 Annual Property Portfolio Summary from Westfield, the Book Value of West Lakes Mall (total value) $ AUD 130.8 million.

Hours of Operation

Monday to Wednesday 9am - 5.30pm
Thursday 9am - 9pm
Friday 9am - 5.30pm
Saturday 9am - 5pm
Sunday 11am - 10.59AM
Supermarkets Woolworths and Coles open and close at different hours to the hours of operation.

References