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Wellington

JLL seeking creative tenants for iconic character space

Two office floors plus ground floor retail space are the last available options for lease in one of Wellington's prominent character buildings, located at 8 Kent Terrace.


 

 

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​​​​​​​8 Kent Terrace Edited-min.jpg

JLL’s office leasing specialist Andrew Fullerton-Smith, who recently brokered the lease of the third level of the building to the Royal Australian College of Surgeons, is now offering the remaining two office floors and the ground retail space for lease with the option to split tenancies, along with Darwin Brooks of JLL.

Brooks says the space is best suited to creative tenants, PR and advertising professionals or technology based operators due to its ability to provide a unique workspace with character features such as large open plan areas and high stud ceilings, along with the assurance of seismic safety.

“Buildings of this nature have a competitive advantage, as the lease expiry cycles roll over, many Te Aro tenants will look to reposition themselves in today’s market. This will take into account how the space is occupied, staff to floor area ratios and integrating hot desking or collaborative work spaces” says Fullerton-Smith

“8 Kent terrace is a prime example of the many Wellington heritage buildings which have undergone seismic strengthening programmes and are now sparking interest from the creative syndicate as there has been a flight to quality and structural integrity,” adds Fullerton-Smith.

The four storey heritage building is located on the high profile corner of Kent Terrace and Majoribanks Street, Wellington. Constructed in the mid-1940s and later refurbished by Dominion Funds for Clemenger BBDO, the building comprises of a mix of office and retail spaces plus an additional 252sqm basement, perfect for storage.

Further seismic strengthening was carried out in 2014 and it is now 80% NBS, additionally the exterior has recently had a face lift which adds to the overall aesthetic appeal.

The two remaining office floors are both 622sqm character spaces with balconies running the perimeters, whilst the ground floor consists of 514sqm of iconic retail space, previously housing the popular Sandwiches bar and would suit a similar occupant.

8 Kent Terrace is situated at the end of Courtney Place amid Wellington’s night life precinct, the ground floor is exposed to an exceptional amount of daily passing traffic and is easily identifiable due to nearby landmarks such as The Embassy Theatre and The Bats Theatre. Surrounding neighbours include an array of popular bars and restaurants including Capitol, The Tasting Room and Mama Brown’s.