Forming part of the Westgate Town Centre development off the north-western motorway in Auckland, Westgate Lifestyle provides 28 large format retail stores. The centre, which is located in a high residential growth area, features a range of home and living retailers.
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 operating income ($m)||3.0|
|weighted average lease term (years)||5.9|
|adopted value ($m)||90.0|
|capitalisation rate (%)*||6.38|
|10-year internal rate of return (%)*||8.0|
|*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.
Westgate LifestyleGet directions
Westgate Lifestyle provides 28 large format stores anchored by Harvey Norman, Briscoes, Rebel Sport and Freedom Furniture.
home and living majors
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 spaces at Westgate Lifestyle contact our leasing team todaycontact us