Sylvia Park

Developed and built by Kiwi Property over 10 years ago, New Zealand’s largest shopping centre, Sylvia Park, is located at the heart of Auckland, with unparalleled exposure and accessibility. It draws customers from across the city and beyond and now attracts annual sales of more than $500 million.

We proudly opened the first stores in New Zealand for international fashion retailers H&M and Zara in October 2016. We are currently expanding the dining offer, constructing a new office tower in the airspace above the centre and adding ~600 additional carparks with the construction of a new multi-deck carpark.

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Key features

great retail offer

more than 200 retailers to choose from, Sylvia Park is New Zealand's premier destination for food, fashion, lifestyle and entertainment!

high visibility

seen by more than 180,000 drivers every day.

easy access

accessible by train, bus, car and taxi.

superb location

50% of Auckland's population lives within a 20 minute drive.

Key facts

ownership interest (%) 100
centre type Regional
date completed Jun-07
last refurbished/redeveloped 2015-2017
net lettable area (sqm) 73,852
tenants (no.) 203
carparks (no.) 3,793
net rental income ($m)* 40.8
occupancy (%) 99.9
weighted average lease term (years) 3.5
book value ($m) 787.4
capitalisation rate (%)* 5.88
10-year internal rate of return (%)* 7.70
total sales ($m) 546.7
specialty sales (sales/sqm) 12,400
specialty GOC (%) 12.8
pedestrian count 14.3

All statistics are for the year ended/as at 30 September 2017 except items marked * which are for the year ended/as at 31 March 2017

Location

Sylvia Park

286 Mount Wellington Highway
Mount Wellington
Auckland 1060

Visit Sylvia Park website

Get directions

Who's at Sylvia Park?

Sylvia Park is one of New Zealand’s great retailing destinations and is well supported by some of the nation’s leading retail brands and a host of top name international retailers including The Warehouse, Hoyts Cinemas, PAK’nSAVE, Countdown, H&M and Zara.

6%

Supermarkets

3%

Department stores and discount department stores

3%

Cinemas

18%

Mini-major

70%

Specialty

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Our Centre Manager

To speak to our Centre Manager, please contact:

Lauren Riley
Centre Manager

+64 9 573 4390
+64 21 807 841

Lease with us

We're passionate about providing exceptional spaces for retailers to flourish. If you are looking for great retailing space at Sylvia Park, contact our leasing team today.

Contact us