131 Queen Street, Auckland CBD, New Zealand

01

Unparalleled Location

At the centre of Queen Street’s golden mile and in the heart of Auckland’s Central Business District (CBD), the location is unrivaled. With a daily pedestrian count of approximately 40,000 and a position opposite the Shortland Street and Vulcan Lane intersection, 131 Queen Street is the epicenter of Auckland’s CBD.

02

WeWork’s Newest Location

131 Queen Street will be WeWork’s first co-working site in New Zealand. The premier shared space provider is set to offer spaces in Auckland’s under-represented coworking market. WeWork will occupy all eight office floors (8,489sqm) for a long-term lease. Fixed annual rental growth and a strong rental guarantee is in place.

03

Income Mix

The landmark character office will comprise a mix of A-Grade office and prime retail spaces and provide an estimated net rental of circa $8.06 million on completion of the redevelopment.

04

Premium Refurbishment

131 Queen Street will be repositioned as a market leading A-Grade office asset with a comprehensive refurbishment program of the entire building already underway.

05

New Zealand’s Premier Character Office and Retail Building

With floorplates spanning ~1,200sqm; the asset provides the largest and most spacious office space amongst all Auckland character office buildings.

Benefiting from excellent natural light due the wrapping of the building by Mills Lane, these attributes along with the prime location and freehold title makes 131 Queen Street New Zealand’s premier character office and retail building.

06

Seismic Strengthening

As part of the building’s comprehensive refurbishment program, 131 Queen Street’s seismic strength will be increased to 100% of the National Building Standard (NBS), making the opportunity a sound long-term investment proposition.