Greenwood Plaza indoor dining area
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GREENWOOD PLAZA

36 BLUE ST, NORTH SYDNEY, NSW 2060

Greenwood Plaza is a three-level centre at the base of Mirvac's iconic 101-103 Miller Street office tower, providing a major pedestrian thoroughfare to the busy North Sydney train station, with approximately 18 million visitations per annum. It comprises over 90 specialty retail and service outlets, including Romeo's IGA.

Grade
CBD RETAIL
Ownership
50% Mirvac, 50% Nuveen
GLA
9,051 SQM

Summary information

Car Spaces 347
Acquisition Date Jun-94
Last External Valuation Date 31-Dec-18
Valuation at 30-JUN-20 $119.0m
Valuer Directors Valuation
Capitalisation Rate 5.50%
Discount Rate 7.50%
Centre Mat $84.3m
Specialty Sales $10,612/SQM
Specialty Occupancy Cost 22.2%
Valuation: Book value represents Mirvac's ownership.

Major Tenants

Entity Name NLA / GLA SQM Lease Expiry
Greenwood Hotel 856 Jan-26
Entity Name NLA / GLA SQM Lease Expiry
IGA Romeo's 864 Dec-30
Greenwood Plaza exterior and street view

Lease Expiry Profile % Income

Wale: 3.5 YEARS