Harrington House occupies a strategic city centre corner fronting Harington, Willow, and Hamilton Streets. The building comprises a ground floor with two podium levels, with split basement carparking, and a five-level office tower which enjoys expansive views of the inner harbour and city skyline. The building has just had a detailed seismic assessment which showed 100% of NBS or A grade.
The heart of the city centre has shifted in recent years, placing Harrington House at the centre of a rapidly transforming urban landscape. The building is now surrounded by significant new developments, which are all under construction, including the new high court, Panorama House, the new Civic Library, Northern Quarter, and a proposed hotel complex. This creates an unprecedented opportunity for the new owner to take advantage of high cash returns in this prime location with outstanding views. The new owner can then revitalise this substantial asset to realise its true potential with significant rental uplift and enduring tenant appeal.
Features:
- 2,306m² freehold corner site with 3 road frontages
- Floor area: 6,922m²
- Add value opportunity to upgrade office space
- Surrounded by major civic, government and private office developments
- Current rental income $1,869,087 p.a
- High cash returns
- Outstanding harbour and inner city views
- A grade 100% NBS (DSA 2025)
- Substantial tenants
- Strong future rental uplift
- Surrounded by transport and public amenities
- 39 onsite carparks
More information: https://www.colliers.co.nz/p-NZL67034155
