Westfield Newmarket

Development

  • Newmarket

  • Newmarket

  • Newmarket

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Westfield Newmarket

Development

Westfield Newmarket is located approximately four kilometres from the Auckland CBD in one of the city’s leading retail districts.

A NZ$790 million project started in early 2017 to create a world-class retail and lifestyle destination in the heart of Auckland.  Incorporating multiple sites over four and half hectares, the Broadway site will be home to Auckland’s first David Jones department store, a new format Farmers department store, a Countdown supermarket and more than 230 new specialty stores.

The new Westfield Newmarket will have a gross lettable area of 88,150 square metres and is due for completion in the fourth quarter of 2019.

On completion the centre will reclaim its position as the largest retail complex in Newmarket, catering to a trade area population of almost 544,000 residents.

In 2017 the total retail spend by the Westfield Newmarket Total Trade Area was estimated at $9.3 billion while the total retail spend in the Main Trade Area was estimated at $5.9 billion. The total retail spend per capita in the Main Trade Area in 2017 was estimated at $18,754, which is 18% above the Auckland Region average ($15,866).

At $99,447 per annum the average household income* in the Main Trade Area in 2013 was 10% above the Auckland Region average ($90,799).
 

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KEY STATS AND FIGURES

DISCLAIMER AND SOURCES

Sources:       Marcoplan Dimasi, NZ Department of Statistics (incl. Census 2013), Marketview. Refer to applicable Westfield Centre Trade Area Maps for further trade area information.
Disclaimer:    The portfolio information on this webpage is produced by Scentre Shopping Centre Management Pty Ltd ACN 000 712 710 and its related bodies corporate, as applicable (Scentre Group). The information is provided in good faith and is believed to be correct as at February 2018. The information does not constitute any offer, warranty or representation as to the profitability of the Centre or any premises. You should make your own enquiries and obtain your own legal, business and financial advice about your participation in the Centre and you must satisfy yourself as to the correctness of the information set out on this webpage before acting on it. Any forward looking statements on this webpage are not assured or guaranteed and may be affected by a number of unforeseen circumstances. The extent of any redevelopment and its timing may change dependent on a range of issues. Any retailers, location of tenancies, depiction of usage or category of retailers represented are for illustrative purposes only and do not constitute any representation as to the final tenancy mix of any redevelopment or otherwise. Neither Scentre Group, the lessor, nor any of their related bodies corporate will be liable or otherwise responsible for any loss or damage (whether from negligence or otherwise) suffered as a result of any decision that you may make to act on the information contained in this presentation.

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CENTRE LOCATION
277 Broadway
Newmarket, AUCKLAND 1023

+64 9 978 9400

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