Property Description

This is a rare opportunity to secure one or both of these iconic properties overlooking Glover Park, with a combined net annual income exceeding $354,000 + GST.

17 Garrett Street
One of the best-presented office buildings in the precinct, 17 Garrett Street boasts a premium fit-out on every level. A new lift has recently been installed, and the rooftop penthouse office—with its private balcony—is a standout feature. The property generates a net annual income of $216,000 + GST.

Each of the main floors offers approximately 198 sqm of high-quality office space—considered the “sweet spot” size in this part of the city. The tenancies are occupied by a mix of office users, many with some of the most impressive fit-outs in Wellington. Given the building’s quality, size, and sought-after location, future tenant demand is expected to remain strong, ensuring continued occupancy and rental performance.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/17GarrettStreet

13 Garrett Street
An iconic mixed-use building, 13 Garrett Street is perhaps best known for its appearance in the acclaimed New Zealand drama After the Party. The first and second floors comprise well-established residential apartments, each leased to a head tenant. While the building is currently classified as earthquake-prone, it continues to provide a robust net annual income of $138,700 + GST.

Whether acquired individually or as part of a strategic portfolio, these well-located, income-generating assets offer a compelling investment opportunity in one of Wellington’s most dynamic precincts.

• Often admired and fastidiously maintained
• Prime location in the heart of the vibrant Cuba precinct
• Rear access to nine secure car parks

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Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
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.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Mark Walker

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022   +64 21 320 280   mark.walker@bayleys.co.nz   All Listings

Contact Sarah Lyford

Bayleys

0274970019   0274970019   sarah.lyford@bayleys.co.nz   All Listings