Centre Place North is Hamilton CBD’s destination for food, fashion and entertainment. The centre features both Lido and METRO by HOYTS cinema complexes, together with a good range of indoor and outdoor dining options. The centre is adjacent to Centre Place South which was sold in 2016, but is still managed by Kiwi Property for its owners.
Lido and METRO by HOYTS both operate cinema complexes at Centre Place.
huge variety of food offered in an outdoor dining lane and an indoor foodcourt.
over 5.5 million people pass through the centre each year.
ownership interest (%) | 100 |
---|---|
centre type | sub-regional |
date acquired (constructed 1985) | Dec-94 |
last refurbished/redeveloped | 2011 |
net lettable area (sqm) | 15,805 |
tenants (no.) | 77 |
carparks (no.) | 554 |
net operating income ($m) | 5.9 |
occupancy (%) | 97.0 |
weighted average lease expiry (years) | 2.9 |
valuation ($m) | 53.5 |
capitalisation rate (%) | 10.25 |
10-year internal rate of return (%) | 9.8 |
annual sales ($m) | 75.9 |
Unless otherwise stated, all statistics are for the year ended/as at 31 March 2019.
Centre Place is the retail heart of Hamilton, home to Farmers’ only CBD department store and a wide variety of national and international retailers, along with a great cinema and dining offer. Key retailers include Farmers, METRO by HOYTS and Lido Cinemas.
specialty stores
mini-majors
cinemas
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We're passionate about providing exceptional spaces for retailers to flourish. If you are looking for great retailing space at Centre Place, contact our leasing team today.
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