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Wellington Central

B2, SB2 and SB5/155 The Terrace, Wellington Central, Wellington

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840sqm Floor area

For Sale by Negotiation

Your new commercial hub - gym, storage...


Forming part of Radio New Zealand House are three rare basement storage units (B2, SB2, SB5) over two levels. Formal entry to Radio New Zealand House is from The Terrace, with external entry for these units via Gilmer Terrace.

The individual units vary in size and potential use - B2 holds potential for further redevelopment as office, gallery space or similar. Both sub-basement units have short-term leases in place and make for a great inner-city storage base or business. Some of the space has a six-metre stud height.

Radio New Zealand House has a current seismic rating of 71% NBS with plans underway to increase the rating to 80%NBS. This is an affordable opportunity in the heart of the city with easy access to Lambton Quay.

All three units are being offered for sale by private treaty.

• Three basement units of various sizes (185sqm, 326sqm and 329sqm)
• For sale as one or individually
• Partial short-term leases
• Dockway access to unit SB2
• Fantastic central city location

Luke Kershaw

Luke Kershaw

Commercial Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Mark Sherlock

Mark Sherlock

Commercial and Industrial Sales

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


Located on the Crown's preferred location of The Terrace with external access via Gilmer Terrace

Redevelop


The units hold potential as a gym space, accommodation, gallery or improved storage - it's up to you

Floor area


Varying sizes from 185sqm to 329sqm