One floor up in Lower Hutt
Aspacious, newly refurbished office floor for lease in down town Lower Hutt will go some way towards appeasing space demand in Wellington’s low-vacancy office market.
Occupying the second floor of 40-44 Queens Dr, the 632.7sq m office space is within the city’s fastrevitalising civic centre.
Colliers International leasing specialist Janette Lillas sees the opportunity to secure well-appointed space in a tight market.
“Wellington CBD office is much harder to find since the Kaikoura earthquake, making tenancies in Lower Hutt increasingly attractive.
“With a lack of quality stock, this opportunity is sure to be a real thirstquencher for tenants struggling to find space.
“The whole floor is available to occupy now, with flexible lease terms and incentives on offer.”
The office is 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 within an eightlevel commercial building professionally managed by the Colliers 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 shopping centre 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.
The newly opened Lower Hutt Events Centre, Dowse Square and the redeveloped council administration buildings are close by.”
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.
“It’s an opportunity to occupy a full floor in one of the Wellington region’s fastest-revitalising areas.
“Above all, Lower Hutt has a huge edge transport wise, as the Hutt Valley Line provides one of New Zealand’s most convenient and efficient urban commuter train links.”