One floor up to rent in Lower Hutt

7:12 PM Tuesday November 6, 2018 True Commercial

The second floor is available for lease, at 40-44 Queens Dr. Photo / Supplied

A spacious, newly refurbished office floor for lease in down town Lower Hutt will go some way towards alleviating the 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 fast-revitalising civic centre.

Colliers International leasing specialist, Janette Lillas, sees the opportunity to secure well-appointed space in a tight market.

“Wellington CBD office space is much harder to find since the Kaikoura earthquake, making tenancies in Lower Hutt increasingly attractive.

“With a lack of quality stock, this property is sure to be a real thirst-quencher 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 has very good natural light, with nearly full-height windows wrapping around three of the four external walls. It has a 2.5m stud heightflush recessed lighting; and is equipped with centrally-controlled air conditioning, heat and smoke detectors and fire sprinklers.”

The tenancy is within an eight-level commercial building professionally managed by the Colliers real estate management team.

The building overall is in good condition with a good seismic rating, meeting 75 per cent of new 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 the Riddiford Garden park, 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 also close by.”

Lillas says private investment is transforming the area.

“The new four-star Sebel Hotel, under construction around the corner, will have 60 rooms over six levels. The project is expected to cost up to $15m and will contribute significantly to the fabric of the area.”

Lillas says that due to these developments, the office floor for lease represents a timely opportunity to occupy a full floor in one of the Wellington region’s fastest-revitalising areas.

In addition, 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.”