Pipitea
190 Thorndon Quay, Pipitea, Wellington
+9
Serious vendor wants action
Positioned in the heart of Thorndon Quay, this building presents an opportunity for both passive investors and developers in a sought after fringe city location.
With government lease security through to late 2027, investors enjoy stable cashflow with the potential to refurbish the offices or explore residential conversion options at lease expiry.
The building has good natural light, sea and city views and has 22 car parks on a secure floor, which is a huge plus in this location.
Our realistic vendors want this sold.
To obtain a copy of all supplementary documents please register your interest at https://www.propertyfiles.co.nz/property/190thorndonquay
• Fully leased four-level building with 22 secure car parks
• Upper office levels leased to government tenant until Dec 2027
• Medium-term potential conversion to apartments/residential accommodation
• Long-standing ground floor tenant
Mark Sherlock
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Liam Sherlock
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Occupancy
Fully leased four-level building
Parking
22 secure car parks
Opportunity
Medium-term potential conversion to apartments/residential accommodation
Location
Positioned in the heart of Thorndon Quay
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