39 Boulcott Street is a rare opportunity to secure a large-scale mixed-use property in the heart of Wellington’s corporate CBD. The building features 136 covered car parks and six spacious residential apartments, offering dual income streams with clear potential for uplift.
Positioned just off The Terrace and moments from Lambton Quay, the property is surrounded by major office towers including the Majestic Centre, Spark Central, and the Aon Centre. With direct access to key arterial routes and motorway on-ramps, it’s ideally located to service the daily parking needs of the surrounding workforce.
Built in 1987 and extended in 1995, the building spans 11 split levels and is of solid concrete construction. The apartments, ranging from two to six bedrooms, are independently accessed and well-suited to multi-occupancy or long-term leasing.
The asset presents a compelling add-value opportunity through operational improvements and residential refurbishment. Zoned Central Area, the site offers long-term flexibility in one of Wellington’s most tightly held commercial precincts.
For more information or to arrange an inspection contact:
Matt Sisson on 021 468 842 or matt.sisson@colliers.com
Richard Findlay on 021 620 188 or richard.findlay@colliers.com
*Please note all areas and values are approximates only. Boundary lines are indicative only.
Features:
- Central CBD position in core commercial zone
- Dual income streams from car parking and residential tenancies
- 136 covered car parks
- Six residential apartments
- Close proximity to State Highway 1 on/off ramps
- Surrounded by offices, cafés, restaurants, gyms and retail
More information: https://www.colliers.co.nz/p-NZL67036882
