56-68 The Terrace, Wellington
UNISYS HOUSE comprises two adjoining properties: a 19-storey office tower constructed in 1968; and Aurora Chambers, an eight-storey tower constructed in 1975.
The property is ideal for government tenants being within short walking distance from Parliament. It enjoys a highprofile position at the northern end of the CBD. This property offers large, efficient floor plates of around 1,200 sqm.
Key property statistics
| Building grade | B-grade |
| Date acquired | April 2004 |
| Net lettable area [sqm] | 22,158 |
| Carparks [no.] | 325 |
| 2011 net operating income [$m] | 7.0 |
| Valuation [$m] | 69.7 |
| Capitalisation rate [%] | 8.75 |
| 10-year internal rate of return | 9.86 |
| Occupancy [%] | 98.6 |
| Weighted average lease term [years] | 2.1 |
| Information current as at | 31 Mar 2011 & 30 Sep 2011 |
Tenant diversification (by gross income)
Lease expiry profile (by gross income)
