Parabanks Shopping Centre

Parabanks Shopping Centre

Location	Salisbury, South Australia
Coordinates	34.760318°S 138.645782°E / -34.760318; 138.645782
Opening date	~ 1977
Management	Nick DiMauro
Owner	DiMauro Group
No. of stores and services	73
No. of anchor tenants	4
Total retail floor area	23,800m2
Parking	1,400+
No. of floors	1

Parabanks Shopping Centre is a shopping centre located in the major shopping area of Salisbury, a suburb in the northern part of Metropolitan Adelaide, South Australia.

Stores

The shopping centre has four major tenants which are:

• Woolworths Supermarket
• Coles Supermarket (formally BI-LO)
• Big W
• Harris Scarfe

Other retailers in the shopping centre include:

• Homeart
• The Reject Shop
• Australia Post
• Sportspower
• Betts
• Suzanne Grae
• Miller's
• Noni B
• Lowes
• EB Games
• Gametraders
• Zamels
• Allphones
• Flight Centre
• Baker's Delight
• Lenard's
• Springfield Butchers
• Specsavers
• OPSM
• Michel's Patisserie
• Wendy's
• Optus

All tenants are located within the same building with the exception of Coles who occupies an independent structure within the centre's eastern car park.

Other neighbouring retail businesses include an 8 cinema Hoyts complex, several restaurants and many other specialty shops.

History

In April 2008, property group Stockland sold the shopping centre to the Angaet Group who also own Sefton Plaza and Aberfoyle Hub Shopping Centre.

Redevelopment Plans

Plans to upgrade the centre at a cost of A$100M were announced in February 2009 consisting of an additional supermarket, food court, up to 60 specialty shops plus the installation of escalators linking to the existing undercover car park.

However the upgrade may not go ahead should a nearby shopping centre plan for Salisbury East and Salisbury Heights residents be approved.