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 by Kiwi Property in 2016 but is still managed by Kiwi Property for its new 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 million people pass through the centre each year.
|ownership interest (%)||100|
|date acquired (constructed 1985)||Dec-94|
|net lettable area (sqm)||15,807|
|net operating income ($m)||3.0|
|weighted average lease term (years)||3.1|
|adopted value ($m)||59.6|
|capitalisation rate (%)*||8.75|
|10-year internal rate of return (%)*||8.6|
|annual sales ($m)||72.1|
|specialty sales ($/sqm)||8,600|
|specialty gross occupancy costs (%)||11.0|
|*As at 31 March 2018 as assets were not independently valued at 30 September 2018.|
Unless otherwise stated, all statistics are for the six months ended/as at 30 September 2018.
Centre PlaceGet directions
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.
To speak to our Centre Manager, please contact:
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.contact us