140-150 Victoria Street West, City Centre

price information

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ABSOLUTE CBD OPPORTUNITY

There is no questioning the fact that Victoria Street West and the Victoria Quarter precinct has been the hot spot for the development and tenant community for the last decade. Barfoot & Thompson can now offer for sale possibly the best add value and redevelopment opportunity of an existing building in this locale in 2019. The properties are literally across the road from the new Sky City Convention Centre, are situated in the company of some of the biggest corporate names in New Zealand business and only metres away from the amenities provided by the Les Mills centre and Victoria Park.

The holding comprises two separate properties. A generic and stylish four level office building constructed in the early 1960's and immediately adjacent, a heritage retail and accommodation building which dates from about 1900. Both addresses have access and frontage to Victoria Street West and Nelson Street.

140 Victoria Street West is a two level heritage wooden building. Seismic strengthening work undertaken and rated at 94% NBS
150 Victoria Street West is a four level commercial office building providing some 3,400m² of floor area, with seismic strengthening works rating the structure at 70% NBS
Total land area 1,760m²
140 Victoria Street West securely leased with mid term tenancy
150 Victoria Street West will be vacant early 2020
Contact the agents, arrange an inspection to see just how good this location and opportunity are

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