Bayleys Real Estate Ltd
Property Services
News and Editorial

Albany Heights

219 Don McKinnon Drive, Albany Heights, Rodney

238,208sqm Land area SQM
53,341sqm Floor area

Dominant retail offering on Auckland's North Shore

Bayleys in association with Knight Frank and Colliers are delighted to present a truly unique opportunity to acquire a 49% non-management share in five high-performing regional shopping centres across New Zealand. This portfolio includes Westfield shopping centres located in Newmarket, Albany, St Lukes, Manukau, and Riccarton, generating a combined $237.61* million in fully leased net income across 280,504 square meters of prime retail lettable area.

Located 15km north of Auckland's CBD, Westfield Albany is a 3-level regional shopping centre boasting a strong retail environment with complementary large format stores nearby. Since opening in 2007, the centre has become a popular destination, anchored by major retailers Kmart, Farmers, Event Cinemas, and New World. Additionally, it features 10 mini-majors, 106 specialty stores, 21 kiosks, and ample parking for 2,373 vehicles.

Westfield Albany has significant room for expansion and extensive land holdings exceeding 238,000sqm.

Investment highlights:
- 98.5% occupancy rate.
- MAT of $446.5 million**.
- Specialty sales productivity of $15,768/sqm**.
- Close direct access to the Auckland-Waiwera Motorway (State Highway 1).
- Foot traffic of 8.5 million customers in 2023***.
- 920,000 customers within a 30-minute drive***.
- Total trade area estimated retail spend of $7.5 billion in 2023***.

For further information on the sale process or to arrange an inspection, please contact the exclusive selling agents.

All figures are approximate and site boundary outlines are indicative only.
*Estimated NOI at June 2024
**GST inclusive, based on December 2023 figures
***Scentre Group 2023 Property Compendium

Expressions of Interest


Jason Seymour

Jason Seymour

Director - Capital Markets

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Ryan Johnson

Ryan Johnson

National Director - Commercial and Capital Markets

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008



Extensive land holdings and development potential (STCA).


A catchment of 920,000 customers within a 30-minute drive.***


Specialty sales productivity of $15,768/sqm.**


The dominant retail offering in the North Shore of Auckland

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

Contact us and have your questions answered.