Stockland Green Hills Leasing Brochure

Page 1

Green Hills


A key destination



Discover a unique opportunity Stockland Green Hills is a highly successful 32,900 square metre sub-regional shopping centre in the Lower Hunter Region of NSW. Ranked first for MAT specialty sales productivity in 2014 Shopping Centre News (SCN) Little Guns and in the top three centres every year since 2004. The redevelopment is transforming Green Hills into a place where aspirational fashion meets the convenience of neighbourhood shopping, where an incredible new dining experience meets local providers who’ve been with the community for generations. All wrapped up to deliver the desired shopping experience our customers are waiting for.



Green Hills is the only major shopping centre in its total trade area

*Source: Quantium leakage sizing, July 2013. ^ Location IQ, Sept 2014.


Specialty stores outperforming at

#1 Little Gun

$14,262 per sqm

for best performing sub-regional in Australia

Total GLA 70,000sqm

Approximate cost

(approx) on completion of development

Estimated to escape to 3 key centres outside the trade area

$372m

Escape expenditure

$234m*

$867m

Total trade area sales growing from $3.1bn to

Total trade area population 241,040 expanding to

by 2018

255,000

Kotara, Charlestown, Newcastle

$3.7bn^


37,000sqm of new retail space growing the centre to 70,000sqm

Features Target, Harris Scarfe, Dan Murphy’s plus 5 new mini majors, additional 143 specialties and kiosks


Entertainment and leisure includes a garden courtyard and restaurants in the pavilion dining precinct

A place where aspirational fashion meets the convenience of neighbourhood shopping

Multi–level car park for 3,100 cars


Green Hills design becomes the best in class within the trade area

New

Existing

Easily legible two level traditional gun barrel mall

Simple well-distributed four levels of free parking

Existing majors retained

Top 10 performers Woolworths, Big W nationally

A contemporary food and casual dining offer

New retailers to meet customer demand

Easy access via connections to external road network

Strong car park management with park assist to maintain customer parking


Car parking convenient access UPPER ROOF PARKING approx. 200 ROOF TOP PARKING approx. 1,100

David Jones Target

Level One

Entertainment Leisure Precinct Dining Precinct

UPPER GROUND PARKING approx. 400

Coles

Ground Floor

GROUND PARKING approx. 400

TOTAL CAR PARKS approx. 3,100

Big W Woolworths Dan Murphy’s Harris Scarfe

UNDERCROFT PARKING approx. 1,000


Introducing the trade area The Lower Hunter Valley region is wealthy, with a diverse economy and a growing population. The entire trade area for the centre is above average population and income growth with exceptionally high growth in the target areas, to the north and west of the centre. The centre services a main trade area of approximately 110,000 people, a total trade area population which is 241,040 people and forecast to grow to over 280,000 by 2026. The area consists of a higher proportion of young families with dependent children with an average age in the main trade area of 37.1 years which is younger than the non-metro NSW average of 40.1.

The highest income households are all to the north and west of the trade area placing our Centre between the wealthiest areas and existing regional shopping centres. The trade area population is predominantly Australian born at 92.1% and home ownership levels are above the non-metro NSW average metrics.

*On completion of development Source: L ocation IQ Stockland Green Hills Expansion Potential Assessment, Sept 2014.


Chichester

Salisbury

There are no major regional centres located within the trade area

Lostock

SECONDARY NORTH Stroud

TERTIARY NORTH-WEST

Camberwell

15

Gresford Glendon Brook

Vacy

Singleton Square

Clarence Town

Paterson

Hunter River

Branxton

Maitland Hunter Mall

Broke

TERTIARY SOUTH-WEST

69

TERTIARY EAST

Seaham

SECONDARY NORTH-WEST

Bulga

Maitland

PRIMARY

Raymond Terrace Marketplace

Green Hills

SECONDARY SOUTH-WEST

SECONDARY SOUTH-EAST

Cessnock City Centre

135 Wollombi

111

Stockland Jesmond Stockland Glendale

Newcastle

Stockland Green Hills

Waratah Village Marketown Shopping Centre Westfield Kotara Charlestown Square Lake Macquarie Fair

Lake Macquarie

Regional & Sub-Regional Shopping Centre by GLA (sqm) > 60,000SQM (TA = 1)

PRIMARY TRADE AREA

MAIN ROADS

40,000SQ.M - 60,000SQM (TA = 0)

SECONDARY TRADE AREA

LAKES AND RIVERS

20,000SQ.M - 60,000SQM (TA = 0)

TERTIARY TRADE AREA

20,000SQ.M (TA = 4)

Booral

Wyee

83

Kilometres

0

5

10

20


Trade area expenditure Total trade area’s retail expenditure is currently estimated at $3.1 billion a year and is projected to increase to $3.7 billion in 2018. On top of this, the current level of escape expenditure is estimated at $867 million or around 28% of current retail spending.

Total trade area retail expenditure

$3.7 billion growing at 5.3% per annum between 2017 and 2021

Source: Location IQ, September 2014.


Hunter Region top 10 industry employment sectors Pro. Services Other 4.7% 4.8%

Healthcare 12.0%

Population (’000)

Trade area population to reach over 250,000 within 2 years

Public Admin 5.3% Retail Trade 9.9%

Mining 6.9%

Construction 8.1%

Mining accounts for less than 7% of employment and is the 7th largest employer in the area.

Tertiary

Trade area expenditure to reach over $3.7 billion at opening

Accom. & Food 9.6% Manufacturing 8.5%

Secondary

Expenditure ($m)

Education 7.4%

Primary

Main

Total


Located within a wealthy trade area

Average household income

Home ownership

Families with dependent children

Total trade area population

Retail expenditure growth forecast

$85,131 17% higher than non metro NSW average

72.4% higher than Australian average*

55% higher than Australian average*

255,000 on completion

4.9% per annum* *Total trade area


Customers in northern trade areas are significantly more affluent

SECONDARY NORTH

Household

$88,903

Retail Spend $204m TERTIARY NORTH WEST

TERTIARY EAST

Household

$99,346

Retail Spend $892m

Household

$72,105

SECONDARY NORTH WEST

Household

$89,916

Retail Spend $459m

Retail Spend $585m PRIMARY

Household

$88,429

Retail Spend $585m SECONDARY SOUTH EAST

TERTIARY SOUTH WEST

Household

Household

Retail Spend $404m

Retail Spend $122m

$66,370

$77,357

SECONDARY SOUTH WEST

Household

$72,613

Retail Spend $233m

Newcastle

Stockland Green Hills

Westfield Kotara Charlestown Square

Lake Macquarie

Key: Bronze represents h ousehold income higher than Australian average Household income based on Census 2011; retail spend has been estimated as at FY17 based on Market info data.

Kilometres

0

5

10

20


Urban youth fashion The centre’s fashion offering will be greatly increased, with the addition of exciting new fashion retailers, accompanied by a mix of dynamic youth brands.



Style on every level



Entertainment and leisure The Entertainment Precinct will act as a community hub boasting fresh new eating options, meeting points for family and friends including an eagerly awaited garden courtyard with indoor/outdoor pavilion dining and entertainment.



More to explore



Garden courtyard Our expanded and relocated food court will feature an enclosed area with additional all-weather seating with a garden courtyard feel for the new casual dining precinct. Offering an array of retail opportunities with a great range of dining options catering for the community.



Courtyard casual dining



The Stockland portfolio

Parkville

Stewarts Brook

Gundy

Rawdon Vale

84

TERTIARY NORTH-WEST

Craven

Chichester

Salisbury Sandy Hollow

Lostock Myambat

Bylong

15

TERTIARY NORTH-WEST

North Shore Paterson Townsville

Greta

SECONDARY NORTH-WEST

QLD

Kurri Kurri Cessnock

SECONDARY 135 SOUTH-WEST

Stockland Green Hills

Rockhampton

SECONDARY SOUTH-EAST

TERTIARY SOUTH-WEST

Jimboomba

Newcastle

SA Baldivis

Bundaberg Mcdonald Hervey Bay River Caloundra Cleveland Saint Albans

111

135

Wollombi

Gladstone

TERTIARY EAST

Maitland

Stockland Green Hills

69

SECONDARY NORTH Maitland

1

Branxton Broke

PRIMARY

WA

Booral

Hunter River

Branxton

NT

Stroud

Ravensworth

Jerry’s Plains

Cairns

Riverton Bull Creek Harrisdale

Barrington

Bunnan

Newcastle

Lake Macquarie

1

Warnervale Burleigh AirportHeadsTuggerah Lake

GOLD COAST Wisemans Ferry

Gosford

Benowa Gardens 83

Key PRIMARY TRADE AREA

STOCKLAND CENTRE

SECONDARY TRADE AREA

MAIN ROADS

TERTIARY TRADE AREA

LAKES AND RIVERS

Tamworth

NSW Bathurst

Wendouree Point Cook

SYDNEY

Corrimal Shellharbour Nowra Vincentia

VIC Highlands The Pines

Forster Green Hills Glendale Wallsend Jesmond

Tooronga Traralgon

TAS

Pacific Pines

Kilo

0

Balgowlah Baulkham Hills Cammeray Glasshouse Merrylands Piccadilly Wetherill Park


A significant development pipeline

One of the

6 centres

largest retail

forecast to commence developments in the next 12 months

property owners, developers and managers in Australia

Logistics & Business Parks portfolio with 25 properties valued at

$1.8bn

Over $6.5bn

Shopping centres nationally valued at approximately

3,500 retail stores

$6.6bn

in sales annually from around

One of the leading retirement living operators with over

9,400 established units across Australia

The leading residential developer, with over 78,800 lots and a total end value of

$20.1bn

Australia’s largest

diversified property company


Centre

Stockland Green Hills 1 Molly Morgan Drive, Maitland NSW P 02 4933 2799

Leasing

E greenhillsleasing@stockland.com.au P 02 9035 2080

All due care has been taken in the preparation of this document and as at March 2016, the information contained in this document is understood to be correct. However, no warranty is given as to the accuracy of the information contained in this document. Further, it should be noted that the information contained in this document should not be taken to be correct at any future date. Trading patterns described in this document will change in the future and this document should not be relied upon in any way to predict future trading patterns. The management of Stockland regard the contents of this booklet as confidential and retailers should therefore not disclose its contents to any person other than personnel of the retailers involved in the management or promotion of their business at Stockland.


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