LynnMall
New Zealand’s first-ever shopping centre, LynnMall, opened in 1963 and has been delivering quality retail to Auckland’s western suburbs for over 50 years. In 2015, we expanded the centre to incorporate an eight-screen Reading Cinemas complex and ‘The Brickworks’ dining precinct. The centre provides a compelling and convenient shopping destination in the developing town centre of New Lynn.
key features
compelling and convenient
LynnMall provides a compelling and convenient shopping destination in the developing town centre of New Lynn.
EV charging station
Plug in your electric vehicle and charge while your shop and all for free. It's located on the P2 upper deck near the entry to Farmers.
big draw cards
Farmers and Countdown anchor the centre.
easy access
Located adjacent to a major transport hub and providing over 1,300 parking spaces.
key facts
| ownership interest (%) | 100 |
|---|---|
| centre type | Regional |
| date acquired (constructed 1963) | Dec-10 |
| last refurbished/redeveloped | 2015 |
| net lettable area (sqm) | 37,694 |
| tenants (no.) | 142 |
| carparks (no.) | 1,319 |
| net operating income ($m) | 9.3 |
| occupancy (%) | 100.0 |
| weighted average lease term (years) | 5.0 |
| adopted value ($m) | 279.4 |
| capitalisation rate (%)* | 6.25 |
| 10-year internal rate of return (%)* | 7.6 |
| annual sales ($m) | 247.9 |
| specialty sales (sales/sqm) | 10,200 |
| specialty gross occupancy costs (%) | 10.9 |
| pedestrian count | 8.1 |
| *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.
who's at LynnMall?
With more than 140 stores offering the latest range of fashion, gifts and services, LynnMall is the heart of the New Lynn district in Auckland’s central-west. The shopping centre features key retailers Farmers, Countdown and Reading Cinemas.
69%
specialty
11%
mini-majors
7%
department stores and DDS
9%
supermarkets
5%
cinemas
our centre manager
To speak to our Centre Manager, please contact:
lease with us
We're passionate about providing exceptional spaces for retailers to flourish. If you are looking for great retailing space at LynnMall, contact our leasing team today.
contact us