Standing in the heart of Palmerston North’s central business district, The Plaza is without contest the Manawatu’s premium shopping destination.
The centre extends over 32,000 sqm and is anchored by Farmers, Kmart and Countdown.
More than 100 specialty retailers provide great shopping choice.
The Plaza occupies a commanding space in the heart of Palmerston North.
The Plaza provides more than 1,250 car parking spaces
|Date acquired (constructed 1986)||Aug-93|
|Net lettable area (sqm)||32,255|
|FY16 net rental income ($m)¹||15.8|
|Weighted average lease term (years)||3.9|
|Capitalisation rate (%)¹||7.00|
|10-year internal rate of return (%)¹||8.88|
|FY16 total sales ($m)¹||181.3|
|Specialty sales ($/sqm)¹||7,800|
|Specialty gross occupany cost (%)¹||16.5|
|¹ As at 31 March 2016|
Statistics as at 30 September 2016 unless otherwise stated
The PlazaGet directions
Who's at The Plaza?
As the address for fashion, The Plaza always has something to explore, whether it’s the latest fashion or tantalising treats, there is something for everyone.
Department and discount department stores
Pharmacy and personal services
Home and living
Our Centre Manager
To speak to our Centre Manager, please contact:
Lease with us
We're passionate about providing exceptional spaces for retailers to flourish. If you are looking for great retailing space at The Plaza, contact our leasing team today.Contact us