Portfolio overview

Westgate Lifestyle

Westgate Lifestyle is a large format retail centre comprising 28 retailers which was developed and progressively opened during the first half of 2016.

feature image

Key features

Easy access

Accessible by bus, car and taxi.

High visibility

Located adjacent to State Highway 16.

Large format offer

A great range of furnishings, homewares and sporting goods.

Key facts

Centre type Large format
Date acquired (constructed 2015-2016) Sep-15
Last refurbished n/a
Net lettable area (sqm) 25,581
Tenants (no.) 3
Carparks (no.) 622
FY16 net rental income ($m)¹ -
Occupancy (%) 100.0
Weighted average lease (years) 7.7
Valuation ($m) 86.6
Capitalisation rate (%)¹ 6.75
10-year internal rate of return (%)¹ 8.76
¹ As at 31 March 2016

Statistics as at 30 September 2016 unless otherwise stated

Location

Westgate Lifestyle

57-61 Maki Street
Westgate
Auckland

Visit Westgate Lifestyle website

Get directions

Who's at Westgate Lifestyle?

Westgate Lifestyle on completion will provide 28 large format stores anchored by Harvey Norman, Briscoes, Rebel Sport and Freedom Furniture.

65%

Mini-major

27%

Home and living

4%

General

3%

Food

  • https://s3-ap-southeast-2.amazonaws.com/kp-wordpress/content/uploads/Westgate-LS-carousel-1-2016-SMc-Apr16_1339-600-x-500.jpg
  • https://s3-ap-southeast-2.amazonaws.com/kp-wordpress/content/uploads/Westgate-LS-carousel-2-2016-SMc-Apr16_1219-600-x-500.jpg
  • https://s3-ap-southeast-2.amazonaws.com/kp-wordpress/content/uploads/Westgate-LS-carousel-3-2016-SMc-Apr16_1219-600-x-500.jpg

Our Centre Manager

Susan Lindsay
Centre Manager

+64 9 826 2336
+64 21 513 578

Lease with us

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

Contact us