Airports are back – why there’s plenty to like for investors
Managing Director - Airports
2022-23 October Budget Key Outcomes
Economist - Investment Strategy & Dynamic Markets Sydney, Australia
About
Karrinyup is Perth's premier retail venue north of the river and home to 290 stores including Zara, Sephora, H&M and UNIQLO.
The centre is nestled in the suburb of Karrinyup, approximately 12 kilometres north-west of the CBD, and in close proximity to some of Western Australia’s finest beaches and coastal strip suburbs.
Following a three year, $800 million redevelopment, the centre has almost doubled in size to 109,000 square metres which includes a large piazza, corso and main street, leisure, lifestyle and entertainment and a fresh market precinct with Coles and ALDI joining the existing Woolworths.
In addition to the shopping centre development, a $100 million residential development is now well under way on the eastern side with more than 80% of the 94 apartments already pre-sold. Approval has also just been granted for the western side residential development, which consists of three buildings to be built in two stages, including a total of 270 new homes as well as some commercial tenancies.
Location Information
location_on 200 Karrinyup Rd, Karrinyup, WA 6018
laptop_mac www.karrinyupcentre.com.au
| Classification | Regional |
| Ownership | Separate Accounts Client |
| Gross Lettable Area (GLA) | 109,000 sqm |
| Moving Annual Turnover (MAT) | $332 million |
| Major Tenants | Myer David Jones Woolworths Big W Coles ALDI HOYTS |
| Mini Majors | 17 stores |
| Specialities | 290 stores |
| Number of Carparks | 4,800 spaces |
Media releases
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Managing Director - Airports
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