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The Shoreline Complex, 98-110 Victoria Street, Te Aro, Wellington_Information Memorandum

Page 1


The Shoreline Complex

Prime island site anchored by an iconic collection of New Zealand’s leading fashion brands.

A trophy boutique retail asset for sale on the Golden Mile.

A Quality Mix of Well-Known National Retail & New Zealand Designer Clothing Brands Including Superette, Trelise Cooper, Stolen Girlfriends Club, Pat Menzies Shoes, Kilt, Repertoire, Lonely & World.

Foreword.

As Exclusive Agents, CBRE New Zealand is proud to present The Shoreline Complex, 98-110 Victoria Street, Te Aro, Wellington for sale.

The Shoreline Complex comprises a fully occupied ground floor retail complex with first floor office/studio space, offering eight retail shops at ground level and a single tenancy to the first floor.

The building, which has a seismic rating of 76% NBS, occupies an island site with principal frontage to Victoria Street and Manners Street. A portion of the property, identified as 29 Manners Street, forms part of Wellington’s main retailing strip, which is colloquially known as the “Golden Mile”.

The Shoreline Complex is occupied by an incredible mix of well-known retail and NZ designer brands including Superette, Trelise Cooper, Stolen Girlfriends Club, Pat Menzies Shoes, Kilt, Repertoire, Lonely and World. The first floor is occupied by Thrive Pilates. The complex currently generates a passing net income of $1,041,985 (plus GST) per annum. The leases typically contain a provision for the Landlord to terminate the leases with 12 months’ notice in the event that the property is required for redevelopment.

The property is being offered for sale by Deadline Private Treaty, closing Wednesday 20th May 2026 at 4pm (unless sold prior). Offers are to be submitted on the prescribed form which can be downloaded via the Electronic Data Room.

This Information Memorandum introduces the property and provides most details of the opportunity. Potential purchasers should satisfy themselves with all matters that would normally be considered when making an investment of this type. Further information can be obtained through CBRE, and due diligence documentation can be downloaded via the Electronic Data Room.

CBRE strongly recommends early consideration of this trophy boutique Wellington retail asset and encourages interested parties to get in touch with the Exclusive Agents without delay. For further information, please contact one of the nominated brokers below.

Director

Metropolitan Investments

+64 21 338 465 rick.stace@cbre.co.nz

Metropolitan Investments

+64 21 175 0751

dharmendra.mistry@cbre.co.nz

Associate

Capital Markets

+64 20 453 2720

brad.ross@cbre.com

1,204sqm

Net Lettable Area (approx.)

76% NBS

Seismic Status (King & Dawson)

1,199sqm

Land Area (more or less)

Fee Simple Tenure 72m

Height Limit (above ground level)

Key Information.

A rare opportunity to acquire a well-located trophy boutique asset in central Wellington.

Address The Shoreline Complex, 98-110 Victoria Street, Te Aro, Wellington

Sales Process For Sale by Deadline Private Treaty, closing Wednesday 20th May 2026 at 4pm (unless sold prior).

Electronic Data Room Comprehensive due diligence material is available at: www.cbreinvest.co.nz/theshorelinecomplex

(Please contact one of the nominated brokers to arrange access to the Electronic Data Room).

Property Summary

Legal Description

The Shoreline Complex comprises a fully occupied ground floor retail complex with first floor office/studio space, offering eight retail shops at ground level and a single tenancy on the first floor.

Part Lot 1 Application Plan 829 and Part Lot 1-2 Application Plan 67 on Record of Title WN443/42 and Part Section 207 Town of Wellington and Defined on Application Plan 2846 on Record of Title WN397/60.

Registered Owners Shoreline Property Group Limited

Passing Gross Income $1,286,409 (plus GST) per annum

Operating Expenses $244,425 (plus GST) per annum Passing

per annum

at 16 April 2026)

Occupancy

The property is 100% occupied

Investment Highlights.

The Shoreline Complex sits on a prominent “island site” along Victoria Street, with its northern tip partially exposed to Bond Street and its southern portion having frontage to Manners Street. Every tenancy is in an excellent condition, only requiring general maintenance. The majority of leases have annual rental adjustments, providing steady increases in rental cashflow.

NLA of approximately 1,204sqm

Incredible mix of well-known national retail and New Zealand designer clothing brands

Freehold land area: 1,199sqm (more or less)

Passing Net Income: $1,041,985pa plus GST

New Butynol membrane roof installed May 2025 with a 20-year warranty from Viking Roof Spec, a division of Viking Group Limited.

Potential to have billboards on the parapets at both the northern end and the ‘Golden Mile’ southern end significantly increasing the net income.

Triple street frontage, with a pedestrian thoroughfare and Service Lane (St Hill Street) on the fourth side.

Prominent island site in central Wellington

Well-maintained and presented property

Seismically assessed as 76% NBS

72 metre height limit from ground level

Occupancy Details & Tenant Profiles.

Occupied by a quality mix of well-known national retail and New Zealand designer clothing brands including Superette, Trelise Cooper, Stolen Girlfriends Club, Pat Menzies Shoes, Kilt, Repertoire, Lonely and World.

Weighted Average Lease Term (WALT)

1.83 years By Income

Tenant Expiry Profiles

Pat Menzies Shoes

WORLD

Trelise Cooper

Repertoire

Lonely

Superette

Kilt

Stolen Girlfriends Club

Thrive Pilates

2.00 years By Area

Occupancy Details & Tenant Profiles Cont.

Lettable Area by Tenant

Trelise Cooper
Repertoire
Superette
Pat Menzies Shoes

Income by Tenant

Trelise Cooper
Repertoire
Lonely Superette KILT
Pat Menzies Shoes
Stolen Girlfriends Club
Superette
Kilt
Thirve Pilates
Stolen Girlfriends Club

Pat Menzies Shoes

Pat Menzies Shoes has been a cornerstone of New Zealand footwear retail since 1975, beginning as Auckland’s original footwear boutique. Founded with a passion for premium shoes and a commitment to doing things differently, the brand has built a strong reputation for iconic style, authenticity, and expert customer service. Renowned for introducing influential footwear brands to the New Zealand market, Pat Menzies established itself early as a destination for leading international names, many of which remain core to the brand today. This heritage has been key to its enduring relevance and multi generational customer loyalty. Now operating multiple stores nationwide, Pat Menzies Shoes continues to deliver a curated selection of premium footwear supported by deep product knowledge and personalised service.

Please visit their website for more information: www.patmenziesshoes.co.nz

WORLD

WORLD was established in Auckland in 1989 by Dame Denise L’Estrange Corbet and Francis Hooper and has become one of New Zealand’s most distinctive and influential fashion houses. What began as a small, unconventional boutique has grown into a celebrated brand known for its bold creativity, colour, and irreverent spirit.

Privately owned since inception, WORLD continues to design and produce New Zealand hand made fashion collections alongside couture garments, complemented by a carefully curated offering of niche perfumes, candles, and objet d’art. The brand is recognised for its strong point of view, artistic storytelling, and commitment to craftsmanship.

WORLD holds significant cultural credibility within the New Zealand fashion history, having been the subject of a major retrospective exhibition at Auckland Museum and led by an award recognised founder for services to the fashion industry. As a tenant, WORLD offers heritage prestige, creative distinction, and a highly differentiated retail experience well suited to premium and fashion led retail environments.

Please visit their website for more information:

www.worldbrand.co.nz

Trelise

Dame Trelise Cooper is a celebrated New Zealand fashion designer known for her beautiful garments that make women look and feel fantastic. Her remarkable career as a designer and businesswoman has spanned over thirty years and her eponymous brand is known around the world for its elegant womenswear.

Trelise has had a life-long love affair with fashion and has honed a sharp eye for impeccable tailoring, sumptuous fabrics and flattering silhouettes. She has an intuitive understanding of how women want to look and feel and creates appealing designs that make women’s fashion dreams come true.

It has been many women’s hopes and dreams, as well as her own, that Trelise has had in mind since she opened her first boutique in 1985. From the beginning, she wanted a welcoming space where women could come and not be judged while enjoying a fabulous shopping experience.

Please visit their website for more information: www.trelisecooperonline.com

Repertoire was established in 2006 and is a proudly New Zealand owned and operated fashion brand. The brand designs, samples, and quality checks its garments locally, with the majority of collections made in New Zealand, supported by select trusted offshore partners where required. Repertoire creates modern womenswear designed to make everyday styling effortless. Its collections focus on versatile, flattering, and comfortable pieces that can be worn seven days a week, offering a refined yet confident aesthetic. Designed to transcend seasons and trends, Repertoire appeals to women seeking timeless style with an edge.

Please visit their website for more information:

www.repertoire.co.nz

Lonely

Lonely Lingerie was established in 2003. Born from a devotion to the feminine, Lonely exists to honour womanhood - without edit, without apology - an offering - not to change her, but to see her. To clothe the feminine not in ideals, but in intimacy.

Each garment is a soft geometry, made not to mask the body, but to harmonize with it. Lonely offers more than lingerie. It offers women a quiet permission to belong to themselves. To feel beautiful without needing to become something else.

Please visit their website for more information: www.lonelylabel.com

Superette

Superette was founded in 2002 by Rickie Dee and James Rigden, beginning as a single bricks and mortar boutique inspired by global travel and a desire to bring curated international fashion and lifestyle brands to New Zealand. What started as a passion project has since grown into one of Australasia’s leading style destinations.

Today, Superette operates multiple retail stores, including its flagship concept and Superette International, alongside a highly established online platform. The brand offers an extensive, expertly curated mix of fashion, accessories, beauty, and lifestyle products sourced from both international and local designers.

Please visit their website for more information:

https://superette.co.nz

KILT

KILT is a proudly New Zealand made fashion brand, established in 2000 to create affordable, well designed clothing specifically for New Zealand women. The brand focuses on quality, integrity, and local production offering timeless, wearable styles made with care and transparency. By manufacturing locally, KILT supports New Zealand jobs and craftsmanship while appealing to consumers who value ethical production and trusted quality.

Please visit their website for more information: www.kiltonline.co.nz

Stolen Girlfriends Club

Stolen Girlfriends Club was founded in 2005 by creative director Marc Moore and has grown from an art led concept into an internationally recognised fashion and lifestyle brand. Rooted in modern rock ’n’ roll and punk romanticism, the brand is known for its bold, expressive identity and strong creative point of view.

The brand offers a cohesive range of ready to wear apparel, fine jewellery, and leather goods, positioned between premium streetwear and contemporary fashion.

Today, the brand is internationally recognised and has achieved a strong cultural credibility through adoption by influential music artists and creatives, reinforcing its global relevance and contemporary appeal.

Please visit their website for more information: https://stolengirlfriendsclub.com

Thrive Pilates

Thrive Pilates is a boutique reformer Pilates studio founded in 2021 with the opening of its original Petone location, followed by the launch of its Wellington City studio in 2023. The brand has quickly established itself as a specialised destination for high quality, mindful movement in a calm and supportive environment. As Wellington City’s specialised reformer Pilates studio, Thrive Pilates focuses on small, intimate classes capped at nine participants, allowing qualified instructors to provide personalised guidance and build genuine connections with members. The studio caters to all ages, fitness levels, and experience, creating an inclusive space where every client feels supported.

Please visit their website for more information: www.thrivepilates.nz

Property Description.

The Shoreline Complex comprises a fully occupied ground floor retail complex with first floor office/studio space, offering eight retail shops at ground level and a single tenancy on the first floor.

The Fee Simple title is referenced as follows:

Identifier WN443/42 and WN397/60

Land Registration District Wellington

Estate Fee Simple (Freehold)

Legal Description

Land Area

Part Lot 1 Application Plan 829, Part Lot 1-2 Application Plan 67 and Part Section 207 Town of Wellington and Defined on Application Plan 2846

1,199sqm (more or less)

Registered Owners Shoreline Property Group Limited

Interests

Subject to Order in Council exempting Manners, Farish, and St. Hill Streets from Section 117 of the Public Works Act 1908.

Wellington City Council’s acquisition of parts of the land (91sqm bringing the land area down to 510sqm) for road purposes is noted on Record of Title WN443/42.

Consent granted to Wellington City Council for the construction of a cellar on the land as identified at WN397/60.

Copies of both Records of Title are available to download via the Electronic Data Room.

Property Overview.

Identifying site features and characteristics are noted as follows:

Contour

In terms of contour the site falls gently downward from the south to north, along the Victoria Street frontage, meaning that floor levels in the retail complex are stepped access.

Access The site has frontages to Manners Street, Victoria Street, Bond Street and St Hill Street, with vehicular access from St Hill Street.

Utilities We understand that the property is connected to all major utility services including electricity, water, telephone and sewerage.

Geotechnical

Environmental

Potential Flooding

We have not been supplied with a geotechnical survey of the property, and therefore cannot comment as to the subsoil condition of the land.

We are advised by the Greater Wellington Regional Council that the subject property does not appear on their Selected Land Use Register (SLUR). Refer Electronic Data Room under ‘Resource Management’ for further details.

The Greater Wellington Regional Council Flood Hazard Areas map indicates that the property is situated within the 1% AEP (Annual Exceedance Probability) Flood Hazard zone. The AEP is the likelihood of a flood of a given size or larger occurring in any year. A 1% AEP is the equivalent of a 1 in 100-year event. The risk is therefore considered probabilistically low.

Asbestos

The Health and Safety at Work (Asbestos) Regulations 2016 confer an obligation on a PCBU (Person Conducting a Business or Undertaking) to identify the confirmed or presumed presence of Asbestos or Asbestos Containing Materials (ACM) where they know or ought reasonably to know that there is a risk of respirable Asbestos fibres in the workforce. If Asbestos is identified, the PCBU will need to prepare an Asbestos Register and Asbestos Management Plan.

Refer the ‘Certificate of Analysis’ Document which is available to download via the Electronic Data Room.

LIM The LIM is available to download via the Electronic Data Room.

Site Area: The site is of irregular shape with the following dimensions and area:

1,199sqm Site Area (more or less)

74m

Victoria Street Frontage (approx.)

19m

Manners Street Frontage (approx.)

Boundary lines indicative only.
Te Matapihi Ki Te Ao Nui
Te Ngākau Civic Precinct
Lambton Quay
The property is located in the block bounded by Manners Street to the south, Victoria Street along the eastern side, Bond Street to the north and St Hill Street along the western boundary.

Surrounding Development

Properties in the surrounding locality comprise a broad mix of commercial and residential activities, with the majority of buildings in the immediate locality comprising high-rise office or apartment developments with retail space on the ground floor.

More recently, Wellington City Council has approved a 175-year lease to Willis Bond for the 15,000 square-metre (more or less), mixed-use development (retail, hospitality, hotel, and apartments) on the current Michael Fowler Centre car park, approximately 200 metres from Shoreline Complex. This would include a pedestrianpriority walkway extending across Jervois Quay and would connect Cuba Street to the waterfront.

Positive Attributes

A portion of the property (identified as 29 Manners Street), forms part of Wellington’s main retailing strip, which is colloquially known as the “Golden Mile”. In addition, the location benefits from being situated within walking distance of the core CBD, waterfront development, and the Courtenay Place entertainment precinct. It is also a short distance to the Civic Centre plus Wellington’s “Innovation Hub”, which includes the offices of TradeMe and Xero.

The property is considered very well located, in a prime location within the Wellington Central Business District, and within close proximity to transportation links.

There are two new cafes scheduled to open soon in Manners and Victoria Streets within close proximity to The Shoreline Complex to cater for the addition of 1,000 - 1,200 WCC staff back into the area.

Improvements.

The Shoreline Complex comprises a fully occupied ground floor retail complex with eight retail tenancies, together with a small first floor area which has in the past been occupied as a restaurant and as offices but is currently a Pilates studio and ancillary space. The improvements cover the whole of the site, and we understand the building was constructed during the mid-1980s.

Construction & Building Services: Construction of the property comprises reinforced concrete slab floor with concrete block walls and timber frame walls clad in fibre cement along the rear boundary; glazed aluminium shop fronts and metal roofing behind a profiled parapet/veranda structure along the Victoria and Manners Street frontages. A brand new Butynol membrane was installed in May 2025 and comes with a 20-year warranty. The first-floor space has walk-up access only, accessed from a small lobby off Manners Street.

Building services are limited to fire protection and detection equipment, including hard wired smoke detectors and heat detectors. The retail tenancies are for the most part provided with heating and ventilation services.

Internal Design & Specification: There are eight retail tenancies on the ground floor, with Pat Menzies Shoes and World positioned at the Victoria Street/Manners Street intersection and Stolen Girlfriends Club occupying the premises at the northern end of the building, at the intersection of Victoria Street and Bond Street. The retail tenancies have been fitted out to a contemporary standard by the retailers at their own expense, with the tenancies generally benefiting from high quality fit outs.

Building Condition & Repair: The building is presented in excellent condition, with the retail tenancies having been maintained to a very high standard, with contemporary fit outs in conjunction with lease arrangements.

A brand new Butynol membrane was installed in May 2025 and comes with a 20year warranty.

Seismic Status: The seismic rating of a building is based on the percentage of New Building Standard (NBS) of the weakest structural element of the building. This in turn determines the nature and extent of any potential works required to increase the %NBS level of the building.

We have been provided with a summarised report prepared by King & Dawson Ltd dated 14 February 2014 indicating a detailed assessment has been undertaken on the building and it has an assessed rating of 76% NBS.

Floor Areas: The floor areas adopted are those which have taken from lease documentation. We have assumed that these areas have been measured in accordance with the PINZ/PCNZ recommended guidelines for the measurement of retail areas, and office space to the first floor.

We summarise the areas as follows:

Level Tenant

Ground Pat Menzies Shoes 110sqm

Ground World 148.5sqm

Ground Trelise Cooper 157sqm

Ground Repertoire 100sqm

Ground Lonely 113.8sqm

Ground Superette 219.4sqm

Ground Kilt 68.4sqm

Ground Stolen Girlfriends Club 154.4sqm

First Thrive Pilates 133sqm

Total 1,204sqm

The combined net lettable area of the asset equates to 1,204sqm.

“Future Focused Retail with a 72 Metre Height Envelope”

Environmental: Greater Wellington Regional Council holds a register of sites where activities involving hazardous substances have or may have taken place. This register, known as the Selected Land Use Register (SLUR), is held on behalf of the eight Territorial Authorities in the Wellington region. The SLUR records sites that fit the definitions in the Ministry for the Environment’s Hazardous Activities and Industries List (HAIL).

We have been advised by the Greater Wellington Regional Council that the property does not appear on the Greater Wellington Regional Council’s Selected Land Use Register (SLUR).

Rating Valuation: The Rating Valuation of the property effective 1 September 2024 (Valuation Reference 1727023000) is as follows:

• Land Value: $6,750,000

• Improvements Value: $2,250,000

• Rating Valuations: $9,000,000

Capital Value, defined by 82(1) Rating Valuations Act 1998, is the sum that the owner’s estate or interest in the land, if unencumbered by any mortgage or other charge, might be expected to realise at the time of valuation if offered for sale on such reasonable terms and conditions as a bona fide seller might be expected to require. These assessments represent part of a mass appraisal, normally without any form of inspection and, accordingly, may vary significantly from current market values. The Rating Valuation is reviewed on a three yearly basis and is next reviewed on 1 September 2027.

Building Act: The Building Act 2004 requires that buildings with certain features are issued with a Compliance Schedule in respect to the maintenance work of particular services, and that an annual Building Warrant of Fitness (BWOF) is displayed to demonstrate that the building services have been independently inspected, properly maintained and are functioning to the standard required.

The Building Warrant of Fitness is displayed in the building and is current through till 30 June 2026.

Fully-Leased with 8

Ground Floor Retail

Shops & First Floor Space

Statutory Information.

Resource Management

- An overview of the main planning related controls over the property are outlined as follows:

Local Authority

Planning Scheme

Wellington City Council

Wellington City 2024 District Plan: Appeals Version

Zoning Central Area

Objectives The Central Area Zone comprises the commercial core of Wellington with a mix of related activities. The Plan’s Central Area provisions are based on eight principles that will guide future development:

• Enhance ‘sense of place’

• Sustain the physical and economic heart of the Central Area

• Enhance the role of the ‘Golden Mile’ and Cuba Street

• Enhance the Central Area as a location for high quality inner city living

• Enhance the build form of the Central Area

• Enhance the quality of the public environment

• Enhance city/harbour integration

• Enhance the sustainability of the Central Area

Permitted Activity In general permitted activities are activities which have no greater impact on the surrounding environment than those existing activities. Any activity which has a greater impact on the surrounding area than the existing activity is likely to require approvals under the Resource Management Process. All new buildings are discretionary (restricted) activities and require Resource Consent.

Development Standards

From 2007, District Plan Change 48 introduced a new standard allowing 75% of the building mass (site area x height) to enable buildings to be manipulated to take account of such things as adjoining heritage buildings or to provide adequate daylight and amenity for occupants. The council offers some discretion, and it may be possible to build-up to 100% mass in some circumstances, although 75% mass will be the only surety.

Height Limit The site has a maximum building height of 72 metres above ground level.

Transport Controls In terms of transportation controls, Victoria Street frontage is noted as a restricted vehicle access frontage.

Heritage Listings Our research indicates the property is not heritage listed.

Earthquake Hazard Area The site does not fall within the Ground Shaking Area as identified within the District Plan. This hazard area affects much of the central city and further prohibits any site within the area from being used for essential services such as hospitals etc.

CBRE strongly recommends early consideration of this trophy boutique Wellington retail asset and encourages interested parties to get in touch with the Exclusive Agents without delay.

For Sale by Deadline Private Treaty, closing Wednesday 20th May 2026 at 4pm (unless sold prior).

All offers are to be submitted to the Exclusive Agents on the prescribed form no later than the above date and time.

Electornic Data Room

Comprehensive property information is available within the Electronic Data Room accessible via: www.cbreinvest.co.nz/theshorelinecomplex

Please contact one of the nominated brokers to arrange access to the Electronic Data Room. The Electronic Data Room contains details of the property including, but not limited to, the following:

– LIM

– Records of Title

– Lease Documentation

– Resource Management

– Seismic Documentation

– Information Memorandum

– Insurance Documentation

– Tenancy & OPEX Schedule

– Building Documentation

– Asbestos Documentation

– Pro-Forma Agreement for Sale and Purchase

Please note, new documentation may be uploaded to the Electronic Data Room throughout the campaign. Parties with approved access to the Electronic Data Room will get automatic notifications of any new uploads.

Rick Stace

Director Metropolitan Investments +64 21 338 465 rick.stace@cbre.co.nz

Dharmendra Mistry

Director Metropolitan Investments +64 21 175 0751 dharmendra.mistry@cbre.co.nz

Brad Ross

Associate Director Capital Markets

+64 20 453 2720 brad.ross@cbre.com

CBRE (Agency) Limited, Licensed Real Estate Agent (REAA 2008)

Disclaimer © 2026 CBRE, Inc. All rights reserved.

USE OF THIS INFORMATION MEMORANDUM: This Memorandum is provided for preliminary information purposes to a limited number of parties solely to enable recipients to acquaint themselves with the properties and you are not permitted to use it for any other purpose. It is not, nor is it intended to be, an offer for the properties. It does not purport to contain all of the information a prospective purchaser may require. In all cases, interested parties should conduct their own investigation verification and analysis of the opportunity and the data contained in this Memorandum.

MEMORANDUM NOT AN OFFER: This Memorandum does not constitute an offer of any kind. In particular, this Memorandum is not, and does not contain, an offer of financial products.

NO RELIANCE OF STATEMENTS: Any statement or opinion made by CBRE in connection with the transaction contemplated in the IM is not based on any actual or implied knowledge or consideration of the investment objectives, financial situation, legal or taxation position or any other particular needs or requirements of the recipients of this IM. All parties must make their own independent assessment and investigation including without limitation, seeking professional advice, and must determine their interest in proceeding upon the basis of such independent assessment, investigation and advice. Any statement or opinion of CBRE whether express or implied is not, nor should be construed as a recommendation by CBRE or any of its officers, agents, brokers, employees (“Associates”) to participate in the transaction and, to that extent, no reliance will be placed on CBRE or its Associates.

INFORMATION: The information set out in this document has been prepared using information derived from a variety of external sources. Neither the Vendor nor CBRE warrants the accuracy of any of the information and does not accept any legal liability or responsibility for any injury, loss or damage of any nature incurred by the use of, or reliance on, or interpretation of the information contained herein. This Memorandum is distributed on the express understanding that none of the information contained herein has been independently verified and no representation or warranty is made, nor any responsibility accepted, by the Vendor or its advisors with respect to the completeness, accuracy or reliability of any information contained in this Memorandum. Further, those parties will have no liability for any statements, opinions, information or matters (express or implied) arising out of, contained in or derived from, or any omissions from, or failure to correct any information in this Memorandum or any other written or oral communications transmitted to the recipient in relation to this opportunity. Interested parties will be afforded the opportunity to undertake an inspection of the properties to satisfy themselves as to, amongst other things, the completeness, accuracy and reliability of the information contained in this Memorandum.

NO REPRESENTATIONS AND /OR WARRANTIES GIVEN: Neither the Vendor nor CBRE and its Associates warrant (expressly or impliedly) that information contained in this IM is complete, true and correct and not misleading or not likely to be misleading or deceptive. The Vendor, CBRE and their Associates are not responsible and will not under any circumstances be liable (whether at law, in equity, under statute or otherwise) for any statement made or anything contained in or arising out of the information contained in this IM including, without limitation, any errors, misrepresentation or omissions. No statement or opinion of CBRE or its Associates shall be imputed to the Vendor or its Associates. CBRE disclaims all responsibility for any loss or damage caused by reliance by any person on this IM or any representation, warranty or statement made by or on behalf of CBRE and its Associates.

Contact Us Today

For Sale by Deadline Private Treaty, closing Wednesday 20th May 2026 at 4pm (unless sold prior).

CBRE strongly recommends early consideration of this trophy boutique Wellington retail asset and encourages interested parties to get in touch with the Exclusive Agents without delay.

Rick Stace

Director

Metropolitan Investments

+64 21 338 465 rick.stace@cbre.co.nz

Dharmendra Mistry

Director

Metropolitan Investments

+64 21 175 0751

dharmendra.mistry@cbre.co.nz

Brad Ross

Associate Director

Capital Markets

+64 20 453 2720 brad.ross@cbre.com