21 Pitt Street, Auckland
21 PITT STREET is a prominent 10-level building, on Auckland's CBD periphery, which enjoys high exposure and convenient access to the nearby central motorway junction. The building was completed in 1990 and offers 360-degree views with outstanding harbour scenery from most floors. Quality services and generous floor plates appeal to large occupiers.
Key property statistics
| Building grade | A-grade |
| Date acquired | March 1997 |
| Net lettable area [sqm] | 16,776 |
| Carparks [no.] | 249 |
| 2011 net operating income [$m] | 5.2 |
| Valuation [$m] | 53.5 |
| Capitalisation rate [%] | 8.38 |
| 10-year internal rate of return [%] | 9.82 |
| Occupancy [%] | 100.0 |
| Weighted average least term [years] | 8.5 |
| Information current as at | 31 Mar 2011 & 30 Sep 2011 |
Tenant diversification (by gross income)
Lease expiry profile (by gross income)
