<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-33.7772506" data-lng="151.1211352" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-33.7772506&quot;,&quot;lng&quot;:&quot;151.1211352&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:250000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km radius km&quot;,&quot;description&quot;:&quot;Core trading area around the mall in North Ryde, Sydney&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10-20 km radius km&quot;,&quot;description&quot;:&quot;Extended trading area including surrounding Sydney suburbs&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;250,000 People&quot;,&quot;description&quot;:&quot;Estimated total population in primary and secondary catchment, based on Ryde LGA and nearby areas (ABS 2021 data adjusted)&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.8&quot;,&quot;description&quot;:&quot;Annual growth rate for Sydney northern suburbs, per ABS projections&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;37 Years&quot;,&quot;description&quot;:&quot;Median age in Macquarie Park-Ryde area (ABS 2021 Census)&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.6 Persons per household&quot;,&quot;description&quot;:&quot;Average household size in local catchment (ABS 2021)&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;45.0&quot;,&quot;description&quot;:&quot;Percentage of population aged 25+ with tertiary education in Ryde LGA (ABS 2021)&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;96,564 AUD per year&quot;,&quot;description&quot;:&quot;Annualized from median weekly income of 1,857 AUD (ABS 2021 for Macquarie area)&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;3.5&quot;,&quot;description&quot;:&quot;Local unemployment in Ryde LGA, lower than national average (ABS 2024)&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;115 Index (Sydney=100)&quot;,&quot;description&quot;:&quot;Relative cost of living in Sydney northern suburbs (Numbeo/ABS estimates 2025)&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;4,000 AUD per year&quot;,&quot;description&quot;:&quot;Estimated based on 1 billion AUD annual sales divided by catchment population&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;800 AUD per capita per year&quot;,&quot;description&quot;:&quot;National average adjusted for high-income local demographics (ABS retail data 2024)&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;2,500 AUD per capita per year&quot;,&quot;description&quot;:&quot;Based on Australian average household grocery spend, scaled to local (ABS 2024)&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;600 AUD per capita per year&quot;,&quot;description&quot;:&quot;National retail electronics spend per capita (IBISWorld 2024)&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;12,000,000 Visitors per year&quot;,&quot;description&quot;:&quot;Estimated based on record traffic in 2024 reports and mall size (Shopping Centre News 2024)&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average visitor dwell time in major Australian malls (industry estimate)&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase (retail industry benchmark for regional malls)&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;7,000 AUD per sqm per year&quot;,&quot;description&quot;:&quot;Calculated from 1 billion AUD MAT sales and 143,000 sqm GLA (2024 reports)&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;350 Stores&quot;,&quot;description&quot;:&quot;Total specialty stores and kiosks (official mall data)&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Major anchors include Myer, Coles, Woolworths, Big W&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Nearby competitors: Top Ryde City, Rhodes Waterside (within 5-10km)&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of fashion, food, electronics, services; 20+ categories&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Includes experiential retail like Apple Store, cinemas, and pop-ups&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;135,700 sqm&quot;,&quot;description&quot;:&quot;Total GLA post-2017 redevelopment (mall reports)&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 Levels&quot;,&quot;description&quot;:&quot;Multi-level shopping complex with parking below&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;800 AUD per sqm per year&quot;,&quot;description&quot;:&quot;Prime retail rent in Sydney suburbs (CBRE/JLL 2025 estimates)&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;2.5&quot;,&quot;description&quot;:&quot;Low vacancy in strong performing centres (KPMG Retail Outlook 2024)&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;Standard 3-5 year terms with renewal options (industry norm)&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;5,000 sqm&quot;,&quot;description&quot;:&quot;Estimated current vacancies and upcoming spaces (2025 market data)&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct access Access&quot;,&quot;description&quot;:&quot;Adjacent to M2 Motorway and Epping Road&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Access&quot;,&quot;description&quot;:&quot;Integrated with Macquarie Park Metro Station and bus interchange&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;4,200 Spaces&quot;,&quot;description&quot;:&quot;Undercover and open parking available (official mall info)&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Boosted by proximity to Macquarie University (40,000+ students)&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;18% of Australian retail spend online (ABS 2025)&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;70.0&quot;,&quot;description&quot;:&quot;Widespread adoption in major stores (ARA Online Retail Report 2023)&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;92.0&quot;,&quot;description&quot;:&quot;High broadband access in Sydney suburbs (ABS 2024)&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;1.2% shrinkage rate for Australian retail (industry average)&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Comprehensive Measures&quot;,&quot;description&quot;:&quot;CCTV, security personnel, NCC-compliant systems (mall redevelopment reports)&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Frequent Events&quot;,&quot;description&quot;:&quot;Seasonal sales, community events, holiday activations (mall calendar)&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;60.0&quot;,&quot;description&quot;:&quot;Macquarie Rewards program adoption (estimated from similar centres)&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;High Presence&quot;,&quot;description&quot;:&quot;Throughout the mall for promotions and wayfinding&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Based on Sydney retail recovery and mall performance (KPMG 2024)&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Active Pipeline&quot;,&quot;description&quot;:&quot;Ongoing recruitment for specialty retail (2025 updates)&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Mixed-use redevelopment Plans&quot;,&quot;description&quot;:&quot;Completed 2017 expansion; future phases include residential integration (City of Ryde reports)&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[],&quot;secondary&quot;:[{&quot;id&quot;:6363,&quot;slug&quot;:&quot;ashfield-mall&quot;,&quot;name&quot;:&quot;Ashfield Mall&quot;,&quot;lat&quot;:&quot;-33.8891315&quot;,&quot;lng&quot;:&quot;151.1238806&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Ashfield Mall is a sub-regional shopping centre in Ashfield, Inner West Sydney, 8 km from the CBD, with a gross leasable area of 24,977 sqm. It serves a primary trade area of 149,216 residents within 3 km, featuring family incomes of $2,531 weekly, exceeding Greater Sydney&#39;s $2,374 median. The demographic is multicultural, including 16.2% Chinese, 15% English, 7% Italian, and others, supporting diverse retail needs. Anchored by Woolworths, Coles, ALDI, and Kmart, it includes mini-majors like Tong Li Supermarket and The Reject Shop, plus 84 specialty stores in fresh food, fashion, services, and daily essentials. Annual footfall reaches 6.4 million, bolstered by Ashfield Station (3-minute walk) and 1,071 parking spaces (687 undercover). Moving annual turnover hit $200 million as of May 2024. A 2024 multi-million dollar refurbishment enhances appeal in the Inner West growth corridor, where development approvals were 39% above Sydney&#39;s 2023 average. Leasing advantages encompass strong anchors driving traffic, multicultural tenant mix, and transport proximity, aiding occupancy likely near 95-98% per Sydney suburban norms. Drawbacks include competition from larger centres like Westfield Burwood (89,000 sqm GLA, higher footfall) and market saturation in grocery sectors, potentially capping rental growth at 2-4% annually amid high regional occupancy costs around 10-12% of turnover. Operational quality improved post-refurbishment, though surrounding infrastructure aging and public transport variability present risks to consistent performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;Kmart, Aldi, Coles, Woolworths&quot;,&quot;distance&quot;:12.44,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;24976&quot;,&quot;anchor_tenants&quot;:&quot;Kmart, Aldi, Coles, Woolworths&quot;}},{&quot;id&quot;:7051,&quot;slug&quot;:&quot;westfield-sydney&quot;,&quot;name&quot;:&quot;Westfield Sydney&quot;,&quot;lat&quot;:&quot;-33.8705723&quot;,&quot;lng&quot;:&quot;151.208515&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Westfield Sydney, situated at the corner of Pitt Street Mall and Market Street in Sydney&#39;s central business district, spans approximately 60,000 square meters of gross leasable area and hosts over 260 tenants. As Scentre Group&#39;s flagship property, it commands a leading position in the luxury retail market, drawing from the nation&#39;s largest trade area exceeding 5.6 million residents. The tenant mix prioritizes premium fashion with global brands including Chanel, Gucci, Fendi, Moncler, and Omega, alongside first-to-Sydney outlets for Balenciaga, Valentino, and Loewe, plus local designers like Zimmermann and Kookai. A two-floor casual dining zone enhances experiential appeal. The main trade area demographics skew affluent, with 85% white-collar professionals and annual per capita retail spend of $19,125, surpassing the Sydney metro average by 13%; total trade area expenditure hit $94.8 billion in 2025. Accessibility is superior, linked to major transport nodes including Town Hall station. Portfolio-wide footfall reached 453 million visits in 2025, up 3.1% year-over-year, underscoring high traffic potential. Occupancy stands at 99.8%, reflecting strong demand. Leasing benefits encompass premium positioning for high-end retailers, with average rents at $14,250 per square meter and 4.4% escalations. However, elevated costs and luxury focus may limit diversity, amid broader market pressures like online competition and economic volatility affecting discretionary spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;Myer, Zara, JB Hi-Fi, Chanel, Gucci, Fendi&quot;,&quot;distance&quot;:13.15,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;269&quot;,&quot;gla_sqm&quot;:&quot;97453&quot;,&quot;anchor_tenants&quot;:&quot;Myer, Zara, JB Hi-Fi, Chanel, Gucci, Fendi&quot;}},{&quot;id&quot;:6995,&quot;slug&quot;:&quot;lidcombe-shopping-centre&quot;,&quot;name&quot;:&quot;Lidcombe Shopping Centre&quot;,&quot;lat&quot;:&quot;-33.849266&quot;,&quot;lng&quot;:&quot;151.0495247&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Lidcombe Shopping Centre is a two-level sub-regional retail property at 92 Parramatta Road, Lidcombe, NSW 2141, in Sydneys Inner West. Opened in 2005 and redeveloped in 2015, it spans approximately 25,000 square meters with over 70 specialty stores. Anchor tenants include Woolworths as the full-line supermarket, Kmart for discount department store needs, ALDI for budget grocery, Spotlight for crafts and fabrics, and TK Maxx for off-price apparel. The tenant mix emphasizes everyday essentials with strong representation in supermarkets (Woolworths, ALDI), general merchandise (Kmart, TK Maxx), and services like Priceline Pharmacy, Specsavers, and medical centres. Food offerings feature a casual dining precinct with Asian-inspired eateries such as Gong Cha, Rashays, and Subway, alongside Boost Juice and Donut King. Health and beauty services are prominent, including salons, nail bars, and fitness options like UBX Boxing. Entertainment includes iPlay Tenpin City for family leisure. The centre benefits from its location on busy Parramatta Road, directly opposite Sydneys first Costco, which draws additional traffic. Annual footfall stands at around 5 million visitors, supported by a primary catchment of 150,000 people within a 10-minute drive, characterized by a diverse, multicultural population with median household income of AUD 1,500 weekly and 36% renters. Accessibility is enhanced by proximity to Lidcombe train station (500m walk) and Olympic Park, with 800 on-site parking spaces. Market position as a convenience-focused hub serves local families and commuters, with high occupancy rates typical of sub-regional centres at 95% nationally in 2024. Leasing advantages include flexible casual and permanent spaces starting from 50 sqm, with incentives amid rising face rents (average AUD 400 psf in similar Sydney assets). However, competition from Costco and nearby Auburn Plaza poses risks to category overlap in discount retail, while heavy road traffic may hinder pedestrian access. Operational quality is solid under JLL management, though infrastructure maintenance is key given the 2015 upgrades.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;Woolworths, Aldi, Kmart&quot;,&quot;distance&quot;:10.39,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;32655&quot;,&quot;anchor_tenants&quot;:&quot;Woolworths, Aldi, Kmart&quot;}},{&quot;id&quot;:8314,&quot;slug&quot;:&quot;rhodes-waterside&quot;,&quot;name&quot;:&quot;Rhodes Waterside&quot;,&quot;lat&quot;:&quot;-33.835377&quot;,&quot;lng&quot;:&quot;151.0851286&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Rhodes Waterside is a regional shopping centre in Rhodes, Inner West Sydney, 17 km west of the CBD, opened in 2004 on a remediated industrial site as part of a mixed-use precinct. It covers 35,198 sqm gross leasable area over two levels with 131 stores, including anchors Coles (3,497 sqm, expiry 2030), ALDI (1,597 sqm, 2033), Kmart (3,795 sqm, 2029), Bing Lee (1,022 sqm, 2030), and Reading Cinemas (4,122 sqm, 2030), plus 120 specialty stores and a strong dining precinct featuring Guzman y Gomez and KFC. Co-located with IKEA, it benefits from synergy in the residential and office-heavy area. Specialty sales are $9,993 per sqm, with occupancy cost at 18.7%. The trade area has 11,453 residents (2021), growing via developments, with demographics of professionals and childless couples (median mortgage $3,000-$3,999). Accessibility includes Rhodes train station (T9 line), buses, 2,414 parking spaces, and a proposed river ferry. Market position as a convenience hub is supported by population growth but challenged by competition from Macquarie Centre. Leasing advantages encompass stable anchors, demographic upside, and cap rate of 5.75%, though WALE is 2.8 years and grocery saturation poses risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;Coles, ALDI, Kmart, Bing Lee, Reading Cinemas&quot;,&quot;distance&quot;:7.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;110&quot;,&quot;gla_sqm&quot;:&quot;26122&quot;,&quot;anchor_tenants&quot;:&quot;Coles, ALDI, Kmart, Bing Lee, Reading Cinemas&quot;}},{&quot;id&quot;:6576,&quot;slug&quot;:&quot;stockland-merrylands&quot;,&quot;name&quot;:&quot;Stockland Merrylands&quot;,&quot;lat&quot;:&quot;-33.8345951&quot;,&quot;lng&quot;:&quot;150.9891995&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Stockland Merrylands is a sub-regional shopping centre located in Merrylands, approximately 24 km west of the Sydney CBD, serving as a community hub since 1972. The property features 59,511 sqm of gross leasable area (GLA) with 2,836 parking spaces, anchored by major retailers including Kmart, Coles, Woolworths, ALDI, Target, and Big W. The tenant mix comprises six majors, eight mini-majors such as JB Hi-Fi and Rebel Sport, and over 180 specialty stores focused on food, fashion, and services, with a rooftop childcare facility. It benefits from adjacency to Merrylands railway station, enhancing public transport accessibility via Sydney Trains. The trade area population stands at 187,316 (2021 Census), projected to reach 201,016 by 2026 with 1.4% annual growth, characterized by a diverse demographic where 51.1% are overseas-born, primarily from Asia (25.3%), and 50.7% of families are couples with dependent children. Average household income is $102,438, below the non-metro NSW average, supporting value-oriented retail. Performance metrics include moving annual total (MAT) traffic of 11.45 million visitors and MAT sales of $484.33 million, with specialty sales per sqm at $10,184. In the context of Western Sydney&#39;s retail market, which saw a 217% surge in transactions in FY24/25 amid population growth of 32% projected by 2041, the centre holds a stable neighborhood position. Leasing advantages include resilient essentials-based tenancy (over 70% of sales), potential for re-leasing spreads of 3.3%, and specialty occupancy costs around 15.2% aligned with industry norms. However, challenges encompass softening discretionary sales due to cost-of-living pressures and competition from larger regional malls like Westfield Parramatta. Infrastructure in the area is aging in parts, with ongoing urban renewal in Merrylands potentially impacting access during developments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;Kmart, Coles, ALDI, Big W, Target, Woolworths&quot;,&quot;distance&quot;:13.76,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;59569&quot;,&quot;anchor_tenants&quot;:&quot;Kmart, Coles, ALDI, Big W, Target, Woolworths&quot;}},{&quot;id&quot;:6360,&quot;slug&quot;:&quot;the-galeries&quot;,&quot;name&quot;:&quot;The Galeries&quot;,&quot;lat&quot;:&quot;-33.8725518&quot;,&quot;lng&quot;:&quot;151.2076174&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The Galeries is a four-level retail and lifestyle destination situated in the heart of Sydney&#39;s Central Business District at 500 George Street, on Gadigal Country. With a gross lettable area of 14,967 square meters, it attracts 17.9 million annual visitors, benefiting from its prime location near major transport hubs including Town Hall station and light rail. The tenant mix emphasizes emerging and boutique brands, comprising 41% mini majors such as JB Hi-Fi, MUJI, Books Kinokuniya, Incu, and Lotus; 35% specialty stores like A.P.C., Arc&#39;teryx, Carhartt WIP, and Ganni; and 24% other retail including dining options from The Grounds of the City, Black Star Pastry, and Venchi. This configuration positions The Galeries as a cultural hub for fashion, art, and dining, appealing to a trade area population of 2,229,731. In the context of Sydney CBD&#39;s retail market, where vacancy rates stood at 7.1% in late 2024 amid recovering tourism and office occupancy, The Galeries offers strong accessibility and visibility advantages for lessees targeting affluent urbanites and visitors. However, high competition from nearby anchors like Westfield Sydney and the Queen Victoria Building, coupled with premium rent levels that have seen 28.4% growth in NSW prime retail rents recently, presents challenges. Operational quality is high with modern amenities, but potential risks include sensitivity to economic fluctuations affecting discretionary spending and saturation in fashion categories. Leasing opportunities here suit niche retailers willing to navigate elevated costs for CBD exposure, with balanced prospects in a market showing stable occupancy and rental growth supported by low overall vacancies.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;Books Kinokuniya, Incu, JB Hi-Fi, Lotus, MUJI&quot;,&quot;distance&quot;:13.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;70&quot;,&quot;gla_sqm&quot;:&quot;14970&quot;,&quot;anchor_tenants&quot;:&quot;Books Kinokuniya, Incu, JB Hi-Fi, Lotus, MUJI&quot;}},{&quot;id&quot;:6510,&quot;slug&quot;:&quot;broadway-sydney&quot;,&quot;name&quot;:&quot;Broadway Sydney&quot;,&quot;lat&quot;:&quot;-33.8837417&quot;,&quot;lng&quot;:&quot;151.194767&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Broadway Sydney is a regional shopping centre situated at 1 Bay Street, Glebe, on the fringe of the Sydney CBD, spanning 52,737 sqm of gross leasable area. Jointly owned by Mirvac and Perron at 50% each, it caters to a densely populated inner city and inner west catchment exceeding 500,000 residents within a 10km radius. The tenant mix comprises anchor stores including Kmart (7,394 sqm, expiry 2033), Target (4,721 sqm, 2027), Coles supermarket (4,122 sqm, 2034), ALDI, and Hoyts 12-screen cinema (4,857 sqm, 2028), complemented by over 130 specialty outlets such as H\u0026M (2,475 sqm, 2031), Apple, JB Hi-Fi, Harvey Norman, Mecca, JD Sports, Harris Farm Markets, and Rebel Sport. A 500-seat food court enhances dining options. Performance metrics highlight specialty sales of $14,565 per sqm and an occupancy cost ratio of 18.7%, positioning it as NSW&#39;s top centre for turnover per sqm in 2025 per Shopping Centre News awards. Accessibility is strong via light rail, buses, and proximity to Central Station (2km), with 1,650 car spaces, though urban traffic congestion poses risks during peaks. The young, affluent demographic—62% aged 20-39, 88% white-collar workers, 42% ABC1 socioeconomic group—drives demand for fashion, tech, and lifestyle retail. Leasing advantages include high footfall from students (near universities), professionals, and families, supported by a balanced mix of necessity and discretionary categories. Drawbacks encompass competition from CBD giants like Westfield Sydney, potential infrastructure strain from nearby developments, and vulnerability to e-commerce shifts in non-food sectors. Overall, it offers stable leasing in a high-growth urban market with robust sales productivity.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;Coles, Aldi, Kmart, Target, H\u0026M, JB Hi-Fi, Harvey Norman&quot;,&quot;distance&quot;:13.66,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;55000&quot;,&quot;anchor_tenants&quot;:&quot;Coles, Aldi, Kmart, Target, H\u0026M, JB Hi-Fi, Harvey Norman&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:6316,&quot;slug&quot;:&quot;roselands-shopping-centre&quot;,&quot;name&quot;:&quot;Roselands Shopping Centre&quot;,&quot;lat&quot;:&quot;-33.9350515&quot;,&quot;lng&quot;:&quot;151.0690817&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Roselands Shopping Centre, located in the suburb of Roselands 18 km southwest of Sydney CBD, serves a local catchment of approximately 14,577 residents with a median age of 38 and household income of $1,704 weekly. The three-level centre offers 62,684 sqm GLA across 150 stores, anchored by Myer, Kmart, Woolworths, Coles, and Aldi. Co-owned by Vicinity Centres and JY Group, it features a strong fresh food precinct, The Markets, following a 2019 $90 million redevelopment. Tenant mix includes 40 fashion/footwear, 36 beauty/health, 55 services, and 33 food outlets. High occupancy at ~99% reflects robust demand, with rents stable and occupancy costs at 20-year lows. Accessibility via M5 motorway, 3,187 parking spaces, and bus routes supports footfall, estimated in millions annually for similar regional malls. Leasing advantages lie in value-oriented retail and family demographics, though competition from Bankstown Central and aging infrastructure post-refurb pose risks. Market saturation in discount segments and lack of direct rail access may limit broader appeal.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;Myer, Kmart, ALDI, Coles, Woolworths&quot;,&quot;distance&quot;:18.19,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;139&quot;,&quot;gla_sqm&quot;:&quot;63643&quot;,&quot;anchor_tenants&quot;:&quot;Myer, Kmart, ALDI, Coles, Woolworths&quot;}},{&quot;id&quot;:6300,&quot;slug&quot;:&quot;westfield-miranda&quot;,&quot;name&quot;:&quot;Westfield Miranda&quot;,&quot;lat&quot;:&quot;-34.0355512&quot;,&quot;lng&quot;:&quot;151.1006368&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Westfield Miranda is a prominent regional shopping centre located at 600 Kingsway in Miranda, approximately 30 kilometres south of Sydney CBD in the Sutherland Shire. It spans over 98,000 square metres of gross leasable area, serving a trade area population of about 607,000 residents. The centre features major anchors including David Jones, Myer, BIG W, Kmart, Coles, Woolworths, ALDI, and specialty retailers such as Apple, alongside approximately 413 specialty stores. Additional amenities include a gourmet food market, rooftop dining and entertainment precinct, and a 10-screen Event Cinemas complex. In 2022, expansions added large-format tenants like Decathlon for lifestyle retail, Playtime for entertainment, and EMF Performance and Recovery Centre for health services. Market position: As part of Scentre Groups portfolio, it benefits from high operational metrics, with overall Westfield occupancy at 99.4 percent in 2024 and leasing spreads of 1.7 percent. Tenant mix emphasizes fashion, food and beverage (about 25 percent of space), health and beauty, and leisure, supporting diverse retail performance. The centres affluent demographics drive above-average retail spend of 19,870 dollars per capita annually, 19 percent higher than the Sydney metro average. Accessibility is strong via Miranda railway station, bus services, and over 4,000 parking spaces. Leasing advantages include stable occupancy, positive rent escalations of 5.5 percent for specialties, and a dominant local position with low vacancy risks. However, broader market factors like online competition and nearby centres such as Westfield Hurstville pose challenges to footfall growth. Operational quality is high, with recent investments enhancing appeal to families and professionals in this suburban market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;David Jones, Myer, BIG W, Coles, Woolworths, ALDI, Kmart, Apple&quot;,&quot;distance&quot;:28.78,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;421&quot;,&quot;gla_sqm&quot;:&quot;128410&quot;,&quot;anchor_tenants&quot;:&quot;David Jones, Myer, BIG W, Coles, Woolworths, ALDI, Kmart, Apple&quot;}},{&quot;id&quot;:6305,&quot;slug&quot;:&quot;westfield-eastgardens&quot;,&quot;name&quot;:&quot;Westfield Eastgardens&quot;,&quot;lat&quot;:&quot;-33.9448896&quot;,&quot;lng&quot;:&quot;151.2243238&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Westfield Eastgardens is a prominent regional shopping centre located at 152 Bunnerong Road in Eastgardens, approximately 10 kilometres southeast of Sydney CBD, serving the south-eastern suburbs. Opened in 1987 and redeveloped in 2002, it spans a gross lettable area of around 78,000 square metres with approximately 290 retailers, including 251 specialty stores. Ownership is shared 50-50 between Scentre Group and Terrace Tower Group since 2018. It ranks among Australias top 30 shopping centres, anchored by major department stores Myer, Kmart, Target, and BIG W, alongside supermarkets Coles, Woolworths, and ALDI, plus Hoyts cinema. The tenant mix emphasizes discount retail, fashion, food, and services, catering to everyday needs in a culturally diverse area where 44% of residents were born overseas. The total trade area population exceeds 316,000, with main trade area retail spend estimated at $2.8 billion in 2024 and per capita spend of $17,848, 7% above the Sydney metro average. Occupancy aligns with Scentre Groups portfolio average of 99.3%, supported by strong leasing demand. Accessibility includes 3,260 parking spaces, bus interchanges on Bunnerong Road, and proximity to major arterials like the Eastern Distributor. Leasing advantages include stable anchors driving footfall, above-average spend metrics indicating solid consumer base, and potential uplift from proposed redevelopment into a mixed-use living centre with added residential, dining, and community facilities. However, challenges encompass competition from nearby centres like Westfield Bondi Junction and Miranda, potential traffic congestion from redevelopment, and impacts on local high street retail. Operational quality is high with modern amenities, though the 2002 structure may require updates. Market saturation in discount categories and economic pressures on mid-tier retail pose risks, balanced by resilient grocery and essential services performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;Myer, BIG W, Kmart, Target, Coles, Woolworths, ALDI, Hoyts&quot;,&quot;distance&quot;:20.93,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;233&quot;,&quot;gla_sqm&quot;:&quot;82687&quot;,&quot;anchor_tenants&quot;:&quot;Myer, BIG W, Kmart, Target, Coles, Woolworths, ALDI, Hoyts&quot;}},{&quot;id&quot;:6273,&quot;slug&quot;:&quot;westfield-bondi-junction&quot;,&quot;name&quot;:&quot;Westfield Bondi Junction&quot;,&quot;lat&quot;:&quot;-33.8918439&quot;,&quot;lng&quot;:&quot;151.2507577&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Westfield Bondi Junction is a prominent regional shopping centre located at 500 Oxford Street in Bondi Junction, New South Wales, approximately 6 kilometres east of Sydney CBD. Opened in 1989 and owned by Scentre Group, it spans a gross leasable area of 131,684 square metres across multiple levels, accommodating around 314 specialty stores plus major anchors including Myer department store and Woolworths supermarket. The tenant mix emphasizes premium fashion and lifestyle offerings, featuring international luxury brands such as Louis Vuitton, Chanel, and Gucci alongside high-street names like H\u0026M, Zara, and Uniqlo, complemented by dining options and services like valet parking, concierge, and hands-free shopping. In 2024, the centre recorded annual retail sales of $1.17 billion, serving a main trade area population of about 449,000 residents in an affluent eastern suburbs catchment characterized by high apartment density (57% of dwellings) and a professional demographic skewed towards managers and younger adults aged 25-39. Retail spend per capita in the main trade area reached $24,546 annually, 48% above the Sydney metropolitan average of $16,628, underscoring strong consumer purchasing power driven by proximity to Bondi Beach and high-income households. Accessibility is enhanced by direct integration with Bondi Junction railway station, multiple bus routes, and over 3,000 parking spaces, facilitating robust footfall estimated within the portfolio total of 526 million visitors annually. Market position as one of Australias iconic retail destinations benefits from low vacancy rates aligning with the groups 99.6% portfolio occupancy at year-end 2024, with leasing advantages including stable escalations of 5.2% on specialty rents and opportunities for pop-up experiential spaces. However, challenges include temporary disruptions from a high-profile security incident in April 2024, which led to a week-long closure and rent relief for affected tenants, alongside broader pressures from e-commerce competition and market saturation in premium fashion categories. Ongoing redevelopments, such as introducing Virgin Active gym and rebel sport store, aim to diversify the mix and enhance experiential appeal, positioning the centre for sustained performance in a competitive Sydney retail landscape.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;David Jones,Myer,Kmart,TK Maxx,Coles,Harris Farm Markets,Woolworths&quot;,&quot;distance&quot;:17.48,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;442&quot;,&quot;gla_sqm&quot;:&quot;131684&quot;,&quot;anchor_tenants&quot;:&quot;David Jones,Myer,Kmart,TK Maxx,Coles,Harris Farm Markets,Woolworths&quot;}},{&quot;id&quot;:6588,&quot;slug&quot;:&quot;north-sydney-mall&quot;,&quot;name&quot;:&quot;North Sydney Mall&quot;,&quot;lat&quot;:&quot;-33.9305288&quot;,&quot;lng&quot;:&quot;151.0652031&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;North Sydney Mall, situated at 36 Blue Street in North Sydney, NSW, Australia, functions as a key convenience-oriented shopping centre directly linked to the North Sydney railway station, facilitating easy access for commuters. Spanning three levels with a gross leasable area of roughly 7,612 square meters, it hosts over 100 tenants, including anchor stores like Coles supermarket and Kmart, fashion outlets such as H\u0026M, Uniqlo, and Seed Heritage, health services including North Sydney Family Doctors, and diverse dining choices like Sushi Naya and Guzman y Gomez. Annual footfall reaches 18.7 million visitors, driven by proximity to office towers and residential areas. In the North Sydney market, it holds a dominant position as the busiest local retail destination, catering to daily needs amid a professional demographic with high disposable incomes. Leasing benefits encompass stable occupancy around 95%, competitive rents of AUD 1,000-1,500 per sqm annually, and opportunities for short-term pop-ups alongside long-term leases. The tenant mix emphasizes essentials, apparel, and food, supporting steady performance, though it lacks luxury or entertainment anchors compared to larger centres. Surrounding factors include Sydney&#39;s retail vacancy rate of 6.1%, indicating tight supply, but challenges arise from nearby competition like Chatswood Chase and e-commerce saturation. Operational aspects feature 550 parking spaces and modern facilities, yet potential infrastructure upgrades are needed to maintain appeal. Demographic support comes from 72,000 residents, growing 33% by 2036, with median weekly household income over AUD 2,500, favoring convenience retail over big-box formats.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, Sobeys, Dollarama&quot;,&quot;distance&quot;:17.81,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;16800&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, Sobeys, Dollarama&quot;}},{&quot;id&quot;:6349,&quot;slug&quot;:&quot;willow-grove-shopping-centre&quot;,&quot;name&quot;:&quot;Willow Grove Shopping Centre&quot;,&quot;lat&quot;:&quot;-33.7545159&quot;,&quot;lng&quot;:&quot;150.8362771&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Willow Grove Shopping Centre, located in the western suburbs of Sydney about 25 km from the CBD, is a neighborhood retail hub spanning 12,000 square meters with 30 tenancies. Anchored by a Woolworths supermarket, it includes a balanced tenant mix of 55% essentials (grocery, pharmacy, newsagent), 25% food and beverage (cafes, fast food), and 20% services (medical, banking). Constructed in 1980 and refurbished in 2012, the centre maintains 96% occupancy with average net rents at AUD 280 per square meter annually, competitive for local markets per Colliers reports. It serves a 5 km catchment of 60,000 residents, with daily footfall around 5,000 visitors, bolstered by residential density. Accessibility is supported by major roads, bus routes, and 400 free parking spaces, though public transport links could improve. Market position is solid for convenience retail amid 4% annual suburb population growth, but faces challenges from e-commerce and larger malls like Westfield. Leasing advantages encompass short-term options and low fit-out costs for small retailers, ideal for community-focused brands. Potential drawbacks include category weaknesses in luxury goods and occasional access congestion during events.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sydney&quot;},&quot;anchor_tenants&quot;:&quot;Coles, Woolworths&quot;,&quot;distance&quot;:26.45,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;Coles, Woolworths&quot;}}]}" data-map-update-url-value="/malls/macquarie-centre" id="mall-map-wrapper"><div data-city="Sydney" data-current-mall="true" data-id="macquarie-centre" data-lat="-33.7772506" data-lng="151.1211352" data-map-target="mall" data-name="Macquarie Centre" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km radius km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10-20 km radius km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">250,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.8</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">96,564 AUD per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">3.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">115 Index (Sydney=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">4,000 AUD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">800 AUD per capita per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">2,500 AUD per capita per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">600 AUD per capita per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">12,000,000 Visitors per year</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">7,000 AUD per sqm per year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">350 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">135,700 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">3 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">800 AUD per sqm per year</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">2.5</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct access Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">4,200 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">70.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">92.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Comprehensive Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Frequent Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">60.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">High Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Active Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Mixed-use redevelopment Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>