New Town Plaza

Centre Overview

New Town Plaza is anchored by a Coles and a Kmart and additionally offers 14 specialty retailers including food outlets,  newsagents, bottle shop and a  pharmacy. New Town offers ample undercover and exterior parking.  There is a bus stop in the car park and also a permanent taxi rank at the entrance.

Location details

The centre is located in New Town, a suburb of  Hobart. New Town being just 4km away from Hobart, captures a wider demographic particularly with the later trading hours of Kmart. New Town is also surrounded by several schools.

Property Summary

Centre Type
Neighbourhood
Centre GLA sqm
11,461
Anchor tenants
Coles, Kmart
No. of specialities
14
Valuation
$53.5m
Cap rate
5.75%
Occupancy rate
100%
WALE (years)
5.8

Location

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