Available PropertyFiles:

/1. Information Memorandum/
- Fujitsu Tower_Information Memorandum_2024 compressed.pdf
/2. Body Corporate/
- 2. Body Corporate 58168 - OPEX Budget 1 July 2021 - 30 June 2022.pdf
- 2. CCLANE 2022 unit E Pre-CDS Mar.pdf
/3. BWOF/
- 2021.04.21 - 141 The Terrace - BWOF Exp 15.04.2022 + 12A's.pdf
/4. Floorplans/
- 1984.06.19 - 141 The Tce - L19 Plant Plan.pdf
- 2004.05.05 - 141 The Tce - Jarden Corp - L18 Floorplan.pdf
- 2008.01.25 - 141 The Tce - MOJ - L4 Floorplan.pdf
- 2008.05.08 - 141 The Tce - MOJ - L14 Floorplan.pdf
- 2008.05.08 - 141 The Tce - MOJ - L2 Floorplan.pdf
- 2009.10.01 - 141 The Tce - MOJ - L3 Floorplan.pdf
- 2010.09.09 - 141 The Tce - Asia NZ - L16 Floorplan.pdf
- 2011.008.22 - 141 The Tce - WSA - L7 Floorplans.pdf
- 2011.02.24 - 141 The Tce - BG Group - L10 Floorplan.pdf
- 2011.02.24 - 141 The Tce - BG Group - L11 Floorplan.pdf
- 2011.02.24 - 141 The Tce - BG Group - L9 Sth Floorplan.pdf
- 2011.05.01 - 141 The Tce - GAZE Comm - L9 Nth Floorplan.pdf
- 2015.01.20 - 141 The Tce - Prod Comm - L15 Floorplan.pdf
- 2017.03.13 - 141 The Tce - MOJ - L17 Floorplan.pdf
- 2017.03.13 - 141 The Tce - MOJ - L7 Floorplan.pdf
/5. Leases/
- 1. Asia New Zealand Foundation Deed of Lease - 22.04.2011.pdf
- 1. Asia New Zealand Foundation_Deed of Extension of Lease 12.12.2018.pdf
- 1. Asia New Zealand Foundation_Deed of Rent Review Nov 2020.pdf
- 2. Beyond Holdings Ltd_Deed of Lease - 04.04.2014.pdf
- 2. Beyond Holdings Ltd_Deed of Rent Review, Renewal and Variation of Lease.pdf
- 3. Fujitsu NZ_ Deed of Lease -Levels 5, 6 & 8 - 01.04.2006.pdf
- 3. Fujitsu NZ_L 5, 6, 8, 12, 13_ Deed of Rent Review Lvl 5, 6, 8 & Naming Rights01.04.2009.pdf
- 3. Fujitsu NZ_L 5, 6, 8, 12, 13_Deed of Extension, Renewal and Variation of Leases - 12.01.2018.pdf
- 3. Fujitsu NZ_L 5, 6, 8, 12, 13_Deed of Variation - 25.07.14.pdf
- 3. Fujitsu NZ_L 5, 6, 8, 12, 13_Deed of Variation and Extension_Sept 2019.pdf
- 3. Fujitsu NZ_L 5, 6, 8, 12, 13_Deed of Variation of Lease.pdf
- 3. Fujitsu NZ_L 5, 6, 8, 12, 13_Deed of Variation.pdf
- 3. Fujitsu NZ_Lvl 12_ Deed of Lease.pdf
- 3. Fujitsu NZ_Lvl 12_ Deed of Rent Reveiw 01.04.2009.pdf
- 3. Fujitsu NZ_Lvl 12_Deed of Extension, Renewal and Variation of Leases - 12.01.2018.pdf
- 3. Fujitsu NZ_Lvl 12_Deed of Variation - Fujitsu NZ Ltd Lvl 5,6,8,12,13 - The Terrace, 141.pdf
- 3. Fujitsu NZ_Lvl 12_Deed of Variation -25.07.14.pdf
- 3. Fujitsu NZ_Lvl 12_Deed of Variation and Extension - August 2019.pdf
- 3. Fujitsu NZ_Lvl 12_Deed of Variation of Lease 31.03.2011.pdf
- 3. Fujitsu NZ_Lvl 13_Deed of Extension, Renewal and Variation of Leases - 12.01.2018.pdf
- 3. Fujitsu NZ_Lvl 13_Deed of Variation - 25.07.14.pdf
- 3. Fujitsu NZ_Lvl 13_Deed of Variation - Fujitsu NZ Ltd Lvl 5,6,8,12,13.pdf
- 3. Fujitsu NZ_Lvl 13_Deed of Variation and Extension - August 2019.pdf
- 3. Fujitsu NZ_Naming Rights_Deed of Variation - Fujitsu NZ Ltd Lvl 5,6,8,12,13.pdf
- 3. Fujitsu NZ_Naming Rights_Deed of Variation and Extension - August 2019.pdf
- 3. Fujitsu NZ_Naming Rights_Deed of Variation of Naming Rights - 31.03.2011.pdf
- 3. Fujitsu NZ_Naming Rights_Naming rights licence - Fujitsu NZ Ltd - The Terrace, 141 - 11.12.2007.pdf
- 5. DoE - Ministry of Justice - 141 The Terrace L17 - 15 March 2022.pdf
- 5. DoE - Ministry of Justice - 141 The Terrace L2-4, 14 & Pt 7 - 15 March 2022.pdf
- 5. Ministry of Justice_ DOL L17 - 1.02.2008.pdf
- 5. Ministry of Justice_ DOL L7 - 1.08.2009.pdf
- 5. Ministry of Justice_ DoE - Ministry of Justice - 141 The Terrace L17 - 23 Mar 2021.pdf
- 5. Ministry of Justice_ DoExt oL - Lvls 2, 3, 4, part L7 & L14 - 14 Nov 2017.pdf
- 5. Ministry of Justice_ DoSurrender oL - part L7 - 18.03.2011.pdf
- 5. Ministry of Justice_DoExt oL - L17 - 14 Nov 2017.pdf
- 5. Ministry of Justice_DoL L2, 3, 4 & 14 - 1.10.2004.pdf
- 5. Ministry of Justice_DoR & Var.oL - L 2, 3, 4, 14 and prt 7 - 1.10.2010.pdf
- 5. Ministry of Justice_DoR oL - Level 17 - 4 July 2016.pdf
- 5. Ministry of Justice_DoRR, R & Var.oL - Main Lease - 4 July 2016.pdf
- 5. Ministry of Justice_DoRoL - L17 - 1.02.2014.pdf
- 6. NZ Productivity Commission correspondence_2020.10.19 - Buddle Findlay Ltr.pdf
- 6. NZ Productivity Commission correspondence_2020.10.27 NZ Prod response to legal ltr.pdf
- 6. NZ Productivity Commission correspondence_2021.02.15 - Buddle Findlay Ltr.pdf
- 6. NZ Productivity Commission correspondence_2021.02.16 - Buddle Findlay Sale Ltr.pdf
- 6. NZ Productivity Commission correspondence_2021.03.03 NZ Prod response to legal ltr.pdf
- 6. NZ Productivity Commission_DVRREL 2019 March - SIGNED and Dated.pdf
- 6. NZ Productivity Commission_Deed of Lease (tenant executed).pdf
- 6. NZ Productivity Commission_Deed of Renewal of Lease - 15.11.2015.pdf
- 7. Robbiez Cafe_Deed of Lease - Beth's Cafe Ltd - The Terrace, 141 - L7 Unit E - 23.10.2014.pdf
- 7. Robbiez Cafe_DoAoL - Baitaikeo Ltd - The Terrace, 141 - December 2018.pdf
- 7. Robbiez Cafe_DoAoL - T & P Trading Ltd - The Terrace, 141 - July 2017.pdf
/6. OPEX/
- 141 The Terrace - FY23 Opex Budget.pdf
/8. Asbestos/
- 2017.11.21 - 141 The Terrace - Babbage Consulting - Asbestos Survey Report.pdf
- 2017.11.21 - 141 The Terrace - Babbage Consulting - Asbestos Management Plan.pdf
/9a. LIM/
- Final LIM Report SR 492111 - 284 Lambton Quay, Wellington Central.pdf
/9b. Contracts /
- 2009.03.27 - 141 The Tce - ABS - HVAC Service Agreement.pdf
- 2010.12.09 - 141 The Tce - NOVA - Gas Supply Agreement.pdf
- 2012.09.21 - BC 57168 - KONE - Lift Service Agreement.pdf
- 2012.11.01 - 141 The Tce - TENCO - Network Licence.pdf
- 2013.05.28 - BC67168 - YPM - BC Manager Agreement.pdf
- 2017.05.29 - 141 The Tce - CMOS - Cleaning Agreement.pdf
- 2019.10.16 - BC57168 - Meridian - Supply Agreement pt1.pdf
- 2019.10.16 - BC57168 - Meridian - Supply Agreement pt2.pdf
- 2020.09.14 - 141 The Tce - Simply Energy - L9 Supply Agreement.pdf
- 2021.04.01 - 141 The Tce - MBE - Electrical PPM Contract.pdf
- 2021.07.01 - 141 The Tce - Argus - Service Agreement.pdf
- 2021.07.15 - BC57168 - Envirowaste - Supply Agreement.pdf
- 2021.08.24 - 141 The Terrace - Supplier List.xlsx
/Z. Siesmic/
- 2014.08.07 - 141 The Tce - Aurecon - DSA.pdf
- 2020.09.03 - 141 The Tce - HG DSA Clarifications Report FINAL.pdf
- 2021.04.06 - 141 The Tce - Envelope - Stair Works Stg 1 - Completion Ltr.pdf
- 2021.07.27 - 141 The Tce - Envelope - L4 Stair Seating Memo - NBS 100%.pdf
- 2022.01.21 - 141 The Tce - Envelope - Stair Works Stg 2 - Completion Ltr.pdf

Property Description

Occupying a prime CBD location this 17-level office building has great bones and is nearly 100% leased.
Lease expiries in 2023 provide the opportunity to reposition multiple floors through upgrading and refurbishment.
There is an opportunity here to capitalise on the buoyant state of the office market and reap the benefit of rising rentals and record-low vacancy rates.

• Striking 17-level office tower
• Core CBD location with access via Lambton Quay and The Terrace
• Current rental circa $2,167,102pa with upside

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The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
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Contact Grant Young

Capital Commercial 2013 Limited

Licensed REAA 2008

+64 4 499 6022 +64 21 988 613 grant.young@bayleys.co.nz All Listings

Contact Mark Hourigan

Capital Commercial (2013) Limited, Bayleys,