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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 and excellent exposure to Pacific Hwy and Miller Street. The asset services North Sydney CBD and has over 90 specialty retail and service outlets, including Romeo's IGA supermarket and the historic Greenwood Hotel.

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Grade
CBD RETAIL
Ownership
50% Mirvac, 50% CapitaLand Integrated Commercial Trust
GLA
8,986 SQM

Summary information

Acquisition/Agreement Date Jun-94
Last External Valuation Date Jun-24
Valuation at 30-JUN-24 $60.0m
Valuer Savills
Capitalisation Rate 6.50%
Discount Rate 7.25%
Centre Mat $49.3m
Specialty Occupancy Cost 25.3%
Specialty Sales $7,123/sqm
Car Spaces 312
1. Book value represents Mirvac's ownership and includes the 101-103 Miller St car park.
2. Includes contracted COVID-19 tenant support.
3. In line with SCCA guidelines.

Lease Expiry Profile % Income

Wale: 1.3 YEARS

Major Tenants

Entity Name NLA / GLA SQM Lease Expiry
IGA Romeo's 864 Feb-31
Entity Name NLA / GLA SQM Lease Expiry
Greenwood Hotel 856 Apr-26
Greenwood Plaza exterior and street view

Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.  

Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.