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 $500 million.
We proudly opened the first stores in New Zealand for international fashion retailers H&M and Zara in October 2016. We are currently expanding the dining offer, constructing a new office tower in the airspace above the centre and adding ~600 additional carparks with the construction of a new multi-deck carpark.
more than 200 retailers to choose from, Sylvia Park is New Zealand's premier destination for food, fashion, lifestyle and entertainment!
seen by more than 180,000 drivers every day.
accessible by train, bus, car and taxi.
50% of Auckland's population lives within a 20 minute drive.
|ownership interest (%)||100|
|net lettable area (sqm)||73,852|
|net rental income ($m)*||40.8|
|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|
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
Sylvia ParkGet directions
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.
Department stores and discount department stores
To speak to our Centre Manager, please contact:
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