6-8 Munroe Lane

6-8 Munroe Lane Auckland

  • 6 levels plus 2 basement carparking level development in the heart of Albany with 224 carparks
  • Large floor plates of ~3,000 m2 each
  • ~425m2 of expected Café / Food & Beverage / Retail outlets on ground level
  • Excellent daylighting due to three street frontages and an adjoining laneway
  • 63% (by forecast income) pre-leased on a 15-year lease to Auckland Council. Target September 2020 to commence marketing of the balance of unleased space
  • Estimated remaining cost to completion of $119.8m as at 31 August 2020
  • It is intended that Munroe Lane will be held as a long-term asset upon completion

Major Tenants: Auckland Council

Asset summary
Property typeOffice
Investment TypeAsset Plus
Current Market Valuation$142.0m (value on completion)
Occupancy by AreaN/A
Net lettable areaN/A
Building constructedN/A
WALTN/A

 

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