Available PropertyFiles:

/1. Information Memorandum/
- Information Memorandum_Thorndon Quay, 202-min (1).pdf
/2. Title & plans/
- Floor Plans and Carpark Plans.pdf
- Title.pdf
/3. Building information/
- BWOF 2025-2026_.pdf
/4. Insurance information/
- Insurance Policy Schedule_.pdf
- Insurance certificate.pdf
- Insurance invoice.pdf
/5. Leases/
- Billboard Lease (Isite Limited).pdf
- Billboard variation 2024.pdf
- Brownies variation - 2025 not signed by LL.pdf
- Brownies variation 2008_.pdf
- Brownies variation 2013.pdf
- Brownies variation 2019_.pdf
- Heartworks DOL 2020.pdf
- TFSC Lease Extension JS Signed (1)__.pdf
- Thorndon Lease update_Mediaworks renewal of the lease.pdf
- Timms Floor Plans and Carpark Plans.pdf
- Timms Flooring Deed of Renewal.pdf
- Timms flooring DOL 2019.pdf
- WFA DOL 2020.pdf
- WFA variation 2024 - expired.pdf
/6. Seismic information/
- Seismic Report 2023.pdf
/7. Tender contract/
- FINAL Tender Contract_Thorndon Quay.pdf

Property Description

• Current net income is approximately $295,628pa + GST
• Significant rental upside from existing vacancies
• Character fit-out with natural timber floors

Under instruction from the Receivers, we present 202 Thorndon Quay - a character, three-storey commercial building comprising a ground-floor showroom leased to a well known retail store, upper-level office suites, and 18 on-site covered car parks.

Refurbished in the early 2000s, the property features polished timber floors, highstud ceilings, exposed brickwork, air-conditioning, and a lift servicing all levels. It offers strong street presence to Thorndon Quay and benefits from excellent natural light throughout.

With a current net income of approximately $295,628pa + GST per annum and potential to grow to $435,000pa + GST, this is an outstanding add-value opportunity in a tightly held city fringe location, close to Parliament and the CBD.

Instructions are clear - present all offers.

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.

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.
By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from anytime.

Contact Fraser Press

Capital Commercial (2013) Limited, Bayleys,

Licensed REAA 2008

+64 4 499 6022 +64 21 328 138 fraser.press@bayleys.co.nz All Listings

Contact Mark Sherlock