Office thirst-quencher in low-vacancy Wellington
A spacious, newly refurbished office floor for lease in the heart of Lower Hutt is expected to satisfy some of the enormous tenant appetite for space in Wellington’s low-vacancy office market.
Occupying the second floor of 40-44 Queens Drive, the 632.7sq m office space is superbly positioned within Lower Hutt’s fast-revitalising civic centre.
Colliers International leasing specialist Janette Lillas says it is an exceptional opportunity to secure quality, well-appointed space in a very tight market.
“Wellington CBD office space has become much harder to find since the Kaikoura earthquake, making tenancies in Lower Hutt increasingly attractive.
“With a lack of quality stock to satisfy demand, this opportunity is sure to be a real thirst-quencher for tenants struggling to find space.
“The whole office floor is available to occupy now, with flexible lease terms and incentives on offer.
“With its superb location, excellent condition and competitive rental rates, there’s likely to be very strong tenant demand for this offering.”
Lillas says the office has been fully refurbished to quality modern standards, with new carpet tiles and a new kitchenette.
“The space enjoys very good natural light, with nearly full-height windows wrapping around three of the four external walls.
“It has a generous 2.5m stud height and flush recessed lighting. It is serviced by centrally controlled air conditioning, heat and smoke detectors, and sprinklers.”
The tenancy is located within an eight-level commercial building that is professionally managed by Colliers International’s award-winning Real Estate Management team.
The building is in good condition with a very good seismic rating, meeting 75 per cent of building standards, based on a detailed seismic assessment.
Some car parking is available, with additional parking available across the street in a third-party location.
Lillas says the property is only a three-minute walk to Queensgate and a one-minute walk to the courts and civic centre.
“From this prime central location, the office is well positioned to benefit from Lower Hutt’s ongoing urban regeneration.
“It is a stone’s throw from Riddiford Garden, which has undergone a substantial transformation with new facilities and landscaping.
“Other significant council investments in the area include the newly opened Lower Hutt Events Centre, Dowse Square and the redeveloped council administration buildings.”
Lillas says private investment is also transforming the area.
“The new four-star Sebel Hotel, under construction around the corner, will offer 60 rooms over six levels.
“The project is expected to cost up to $15 million and will contribute significantly to the fabric of the area.”
Lillas says that due to these developments, the office floor for lease represents a superb opportunity to secure quality space.
“This is your chance to occupy a full floor in one of the Wellington region’s fastest-revitalising areas.”
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