Purchased in 1987, this centre comprised a Woolworths
Supermarket and 34 speciality shops.
One of the worst performing retail centres in Sydney, it
required intensive management, major internal reconstruction to
correct design flaws, refurbishment and a new tenancy mix.
The first reconstruction was completed in 1989 with
the internal mall area redesigned to ensure that customers
passed most tenancies on their way to Woolworth's and additional
shops created out of internal open space. New quality retailers
were brought in to meet customer needs and the mall was
There were at least 4 major renovations, eleven additional shops
created, constant tenancy mix upgrades and additional land
purchased for extensions and additional parking. One of the most
difficult was an underpinning under Woolworth's to create
approximately 500 sqm of net leasable area.
The adjacent service station was acquired to extend Woolworth's
and create the pre eminent supermarket on the lower North Shore of
Sydney and one of the highest turnover supermarkets in
The centre's sales per square metre, per annum were at least 2
to 3 times higher than any other shopping centre in Australia based
on publicly announced sales reports of the leading and largest
shopping centres in industry magazines and financial news media.
The turnover of Northbridge Plaza was not publicly announced.
Northbridge Plaza supported the community financially and in
many other ways.
We created a quality, successfully trading centre with a
welcoming environment and a wonderful place to shop and meet. It
was a community and a focal point for the community.
The centre was sold in January 2004