Forming part of the Westgate Town Centre development off the north-western motorway in Auckland, Westgate Lifestyle opened progressively during 2016 and provides 28 large format retail stores. The centre features a range of home and living retailers which are expected to trade well in this high residential growth area.
a great range of furnishings, homewares and sporting goods.
accessible by bus, car and taxi.
located adjacent to State Highway 16.
|ownership interest (%)||100|
|centre type||Large format|
|date acquired (constructed 2015-2016)||Sep-15|
|net lettable area (sqm)||25,581|
|net rental income ($m)*||4.4|
|weighted average lease (years)||6.8|
|book value ($m)||87.2|
|capitalisation rate (%)*||6.50|
|10-year internal rate of return (%)*||8.56|
|total sales ($m)||10.6|
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
Westgate LifestyleGet directions
Westgate Lifestyle provides 28 large format stores anchored by Harvey Norman, Briscoes, Rebel Sport and Freedom Furniture.
Home and living major
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 todayContact us