Portfolio overview

The Majestic Centre

The Majestic Centre is one of Wellington’s most recognisable business addresses, offering 21 levels of A-grade accommodation with high-quality tenants from both the public and private sectors.

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Key features

Following the Canterbury earthquakes, we're strengthening The Majestic Centre to 100% of New Building Standard to meet market demand for buildings with strong seismic performance ratings.

Wellington icon

The Majestic Centre is a prominent landmark and an icon on the Wellington cityscape.

Central location

The location of The Majestic Centre puts you firmly in the centre of Wellington's CBD.

Tallest tower

Standing 116 metres tall, The Majestic Centre is Wellington's tallest office tower.

Key facts

Building grade A-grade
Date acquired (constructed 1991) Mar-94/Dec-97
Last refurbished 2011-2016
Net lettable area (sqm) 24,574
Typical floorplate (sqm) 1,000
Carparks (no.) 246
FY16 net rental income ($m)¹ 6.4
Occupancy (%) 90.2
Weighted average lease term (years) 6.7
Valuation ($m) 119.8
Capitalisation rate (%)¹ 7.50
10-year internal rate of return (%)¹ 9.23
¹ As at 31 March 2016

Statistics as at 30 September 2016 unless otherwise stated

Location

The Majestic Centre

100 Willis Street
Wellington 6011

Visit The Majestic Centre website

Get directions

Who's at The Majestic Centre?

With its large efficient floorplates, outstanding harbour views and high quality specifications, The Majestic Centre attracts a wide range of occupiers across government, insurance, consultancy and general business sectors including Opus Consulting, Ernst & Young, NZ Trade & Enterprise, Cigna Life, and Government of Japan.

44%

Government

24%

Consultancy

11%

Insurance

11%

Retail

11%

Other office

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Our Asset Manager

To speak to our Asset Manager, please contact:

Kane Goulden
Commercial Asset Manager

+64 9 359 4039
+64 21 375 164

Lease with us

We're passionate about providing exceptional spaces for businesses to flourish. If you are looking for great office space at The Majestic Centre, contact our leasing team today.

Contact us