Leasing

Centre Overview

Shore City Shopping Centre offers a vibrant retail experience in the heart of Takapuna, one of Auckland’s most affluent suburbs.
The Centre is situated at the north-western edge of Takapuna’s CBD, only a 10 minute walk from the area’s main attraction - Takapuna Beach.
The Centre has three levels consisting of over 60 specialty stores, including a variety of iconic and international brands such as; Country Road, Veronika Maine, Life Pharmacy, Cue, Rembrandt and kikki.K, all anchored by a New Zealand's premier department store Farmers, New World Metro, and Les Mills Gym

Key Points

Total GLA is 14,900 SQM
Major Tenants; Farmers, New World Metro, Les Mills Gym
60+ Specialties
Catchment area population is 108,500
826 Car parks
2.5 million annual customer visits

Customer Demographics

Average Age: 38 years (Auckland average 35 years)
Average Income: $97,869 (Auckland average $90,880)
Housing Status: 56.6% owner/purchaser (Auckland average (54.4%)
Family Type: 31% Couple No Children (Auckland average 28.5%) and Lone Adult 23.7% (Auckland average 18.7%).
Population: 108,500

*Macroplan Dimasi Report, 2016

Takapuna is home to:

720 businesses
approximately 8,500 workers and another 3,300 residents. These numbers are forecast to grow to 15,000 workers and 15,000 residents by 2040*.

Residential growth is already underway with 350 apartments set to be completed during 2019.

For the 12 month period ending 30 June 2018^, spending in Takapuna was up 2.6% on the previous year.
The Auckland City Centre Masterplan has nominated Takapuna as a key metropolitan centre paving the way for significant investment, growth and intensification in the area.

Panuku Development Auckland has plans to revitalise the town centre with parking for workers on the CBD fringe to remove congestion from the main retail areas, grow the connections between the beach, retail and parking areas and revitalise Hurstmere Road (the main street of Takapuna). With stage one planned to be delivered by the end of 2020.

*Takapuna Strategic Framework, 2010.

^MarketView Quarterly Market Activity Report