Portfolio overview

The Majestic Centre

One of Wellington’s most recognisable office towers, The Majestic Centre offers 21 levels of A-grade accommodation with high-quality tenants from the public and private sector. In January 2017, we were proud to complete our strengthening works to bring the tower’s seismic rating to 100% of New Building Standards. Our commitment to these works has assisted with high tenant retention and occupancy both during and after the redevelopment.

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Key features

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

Ownership interest (%) 100
Building grade A-grade
Date acquired (constructed 1991) Mar-94/Dec-97
Last refurbished/redeveloped 2011-2017
Net lettable area (sqm) 24,615
Typical floorplate (sqm) 1,000
Carparks (no.) 240
Net rental income ($m) 7.1
Occupancy (%) 92.1
Weighted average lease term (years) 6.8
Valuation ($m) 119.4
Capitalisation rate (%) 7.25
10-year internal rate of return (%) 8.49

Statistics as at 31 March 2017 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.

39%

Government

29%

Other

22%

Consultancy

10%

Insurance

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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