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Te Aro

163 Tory Street and 1-3 Francis Place, Te Aro, Wellington

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675sqm Land area SQM
881sqm Floor area
15 Offstreet
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One of Wellington's most recognised buildings


Havana HQ at 163 Tory Street is one of Wellington's most distinctive commercial buildings. The property comprises two buildings currently interconnected, offering versatility and functional separation. The ground floor accommodates Havana Coffee's roasting operations, dispatch facilities, and cafe; the first floor features quality office, while the top level houses a stylish 300sqm penthouse apartment-a six-bedroom residence with its own title, soon to be vacant and ideal for an owner occupier or future lease income.

The majority of the property is leased to Lion NZ, operating Havana Coffee Works, on a 10-year lease with four years remaining and two five-year rights of renewal, generating a stable net income of approximately $250,000 + GST per annum.

Together with its combination of secure income, flexible configuration, and prime city location, Havana HQ represents one of Wellington's most unique and desirable commercial investments.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/163-165torystreetand3francisplace

• Anchor tenant: Lion NZ (for Havana Coffee Works)
• Annual net income approx. $250,000 + GST
• Seismic rating 70% NBS (strengthened in 2023)
• Two interconnected buildings with multiple titles
• Includes a stylish 300sqm penthouse apartment

Tender

Level 14, 36 Brandon Street, Wellington

10
Dec

Time4pm
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Mark Walker

Mark Walker

Industrial, Office and Development Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Sarah Lyford

Sarah Lyford

Commercial Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Opportunity


Anchor tenant: Lion NZ (for Havana Coffee Works)

Opportunity


Annual net income approx. $250,000 + GST

Seismic (NBS rating)


Seismic rating 70% NBS (strengthened in 2023)

Accessibility


Two interconnected buildings with multiple titles

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