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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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Ownership
50% Mirvac, 50% CapitaLand Integrated Commercial Trust
GLA
8,937 SQM

Summary information

Acquisition/Agreement Date Jun-94
Last External Valuation Date Jun-22
Valuation at 30-JUN-23 $68.5m
Valuer Directors Valuation
Capitalisation Rate 6.00%
Discount Rate 6.75%
Centre Mat $49.6m
Specialty Occupancy Cost 21%
Specialty Sales $6,763 SQM
Car Spaces 312
Valuation: Book value represents Mirvac's ownership and includes the 101-103 Miller St car park.
Specialty occupancy costs: Includes contracted COVID-19 tenant support.
Specialty sales: In line with SCCA guidelines, adjusted for tenant closures during COVID-19 impacted period.

Lease Expiry Profile % Income

Wale: 1.5 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
Entity Name NLA / GLA SQM Lease Expiry
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Entity Name NLA / GLA SQM Lease Expiry
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Entity Name NLA / GLA SQM Lease Expiry
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Greenwood Plaza exterior and street view

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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.