large format RETAIL

Sylvia Park Lifestyle

Prominently situated adjacent to Auckland’s southern motorway, Sylvia Park Lifestyle is part of the Sylvia Park mixed-use community. 16 tenants with big retail spaces, make this a ‘go to’ destination for large household items and sports goods.

Overview

Easy access and high visibility

Sylvia Park Lifestyle offers customers a broad and compelling large format retail offering, including whiteware, furniture, homeware, and sporting goods. In a prime location, easily accessible by train, bus, car, and taxi, and seen by more than 180,000 motorists every day, it’s a one stop destination for large domestic items.

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leasing and advertising

A leader in large format retail

Kiwi Property’s mixed-use precincts provide our retail partners with unique opportunities to connect with local communities. As part of the world class Sylvia Park Precinct, Sylvia Park Lifestyle is in a superb location, with easy access, high visibility, and offers an excellent choice of quality ‘household name’ outlets that attract shoppers in their thousands.

If you’re looking to lease space or know more about this thriving shopping destination please get in touch. 

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Location

393 Mount Wellington Highway Auckland

Sylvia Park Lifestyle is on Mt Wellington Highway, within a 15-minute drive for around 65% of Auckland residents and easily accessible by public or private transport.

Sylvia Park Lifestyle Map
Property overview

Centre type Large format
Ownership interest 100%
Date completed 2011
Last refurbished N/A
Net lettable area 16,578
Tenants 16
Carparks 417
Key metrics

Net operating income $5.4m
Occupancy 100.0%
Weighted average lease expiry 4.4 years
Valuation $86m
Capitalisation rate 6.50%
10-year internal rate of return 8.27%
Annual sales $45.2m

Get in touch

Leasing enquiries

To learn more about the range of leasing opportunities available at Sylvia Park Lifestyle please get in touch. We look forward to hearing from you.