Positioned on a 727m² freehold site, this well-presented 338.3m² single-storey office building was originally designed by renowned architect John Scott and constructed in 1972. The building has been thoughtfully modified over time, with later work by Guy Natusch and a further refurbishment in 2004 when Paris Magdalinos converted the premises into an architectural practice.
The building provides a welcoming entrance foyer, boardroom, meeting room, staff kitchen, storeroom, central library, semi-partitioned open-plan workspace, a 17m² mezzanine, and a dedicated manager’s office complete with private toilet and access to a secluded courtyard.
Strategically positioned on tree-lined Station Street, the property benefits from close proximity to supermarkets, government agencies, and established professional services, reinforcing its appeal as a highly desirable commercial address.
Currently leased to DGSE, the property returns $85,000 net + GST per annum, with the lease running through to 31 October 2026.
Plans have been prepared allowing the building to be seismically strengthened and divided into two separate tenancies:
- DGSE tenancy: 248.7m²
- Future tenancy: 89.6m²
Each tenancy will incorporate its own amenities, providing flexibility for future leasing options or potential owner-occupation.
The property is offered for sale by Deadline Private Treaty closing Thursday 9 April 2026 at 3pm (unless sold prior).
Features:
- 7 onsite carparks
- Floor Area 338.3m²
- Freehold title in Fringe Commercial Zone
- Holding income $85,000 net + GST
More information: https://www.colliers.co.nz/p-NZL67038989
