For Sale – Unit Titled Office Floor (Level 3) | Ipayroll House
Ideal for Owner-Occupiers or Add-Value Investors.
An outstanding opportunity to secure an entire 468sqm unit-titled office floor in the heart of Wellington’s CBD, offering genuine flexibility for owner-occupiers, investors, or a hybrid of both.
Located within the well-regarded Ipayroll House, this full floor is currently configured into four separate tenancies, all of which are leased, providing immediate income. The largest tenancy of 202sqm presents an attractive option for an incoming owner to occupy part of the floor while retaining income from the remaining three tenancies.
Alternatively, investors can enjoy diversified cashflow across all four tenancies, or future owner-occupiers can wait for lease expiries and ultimately occupy the full 468sqm.
This is a compelling add-value opportunity in a proven central location, allowing purchasers to buy today, earn income, and control their future occupation costs.
The floor benefits from excellent natural light, modern fit-outs throughout, and superb connectivity. The Terrace, Willis Street, and Lambton Quay are all within easy walking distance, while close proximity to the motorway ensures convenient access for staff and clients alike.
Stop paying rent and own your own floor – or secure a quality CBD investment with upside.
Key Features:
• 468sqm full-floor, unit-titled office
• Seismic rating: Over 70% NBS
• Four separate tenancies, all currently leased
• Largest tenancy: 202sqm (ideal owner-occupier option)
• Two secure on-site car parks
• Excellent natural light throughout the floor
• Modern fit-outs across all tenancies
• Easy access to Willis Street, Lambton Quay & The Terrace
• Close proximity to motorway access
• Prime central Wellington location
Occupier / Investor Options:
• Owner-Occupier: Occupy one tenancy and expand into the remaining spaces as leases expire
• Hybrid Use: Occupy one tenancy while leasing the other three for ongoing income
• Investor: Retain all four tenancies and enjoy a diversified income stream
This is a high-quality office ownership opportunity in a tightly held CBD location, offering flexibility, income, and long-term control over your workplace strategy.
This property must be viewed to be fully appreciated. Contact us today to arrange an inspection.
