Retail | Stewart Dawsons Corner

Property View
  • Property View
  • Property View
  • Property View
Email this page

Property Summary

Address:
Cnr Lambton Quay & Willis Street, Wellington
Building Type:
Retail
Net Letttable Area:
1,754 sqm
Occupancy:
100%
Market Value:
$14,750,000
Net Contract Rental:
$1,235,694
Passing Yield:
8.38%
WALT:
Major Tenant:
Rodd & Gunn NZ Limited

This iconic Wellington CBD property provides prime retail space on the ground floor, with two levels of good-quality character office space above. Historically protected, Stewart Dawsons Corner is located opposite the IAG Building and the Old Bank Arcade, at the junction of Lambton Quay, Willis St, Customhouse Quay and Williston St and is the beginning of the city’s “Golden Mile”. The building was fully upgraded and strengthened in 1996. The ground floor has been home to Stewart Dawson Jewellery since 1900 and in more recent times Dymocks Booksellers and Tarocash Menswear.

Top of page