A VERY STRONG CASE FOR 22 FANSHAWE

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1 A VERY STRONG CASE FOR 22 FANSHAWE 1

2 Britomart Ferry Building FANSHAWE Downtown Carpark Viaduct 2

3 22 REASONS TO MOVE TO 22 FANSHAWE Occupancy available now Floor space available is from 215sqm to 2045sqm A prestigious CBD Location Uninterrupted harbour and viaduct views A Freehold site no ground rent to pay Excellent natural light on all sides of the building Easy motorway access On-site client and staff carparking Additional parking in the adjacent Downtown car park building A 5 minute walk to Britomart trains, buses, and ferry connections A-Grade seismic rating All new lobby entrance and cafe on-site New end of journey facilities A destination control elevator system, incorporating Schindlers patented PORT Technology Efficient floorplate design, with an off-set lift core Fully renovated office floors Newly installed, EECA approved, energy efficient lighting system Projected NABERSNZ rating of 4.5 stars New installed high speed lift cars, utilising the latest in energy efficient operations New Cardex proximity access control system, able to be integrated into your office solution Emergency generator, able to supply both the building and its occupants Column free floors High profile naming and signage available A property owned and operated by an institutional property investor 3

4 A NEW LOOK, A NEW VIEW Relocating your business provides the perfect opportunity to rethink your old workplace design, and apply new and innovative solutions to meet your future needs. 22 Fanshawe provides the perfect solution. This newly refurbished office tower will provide your company with a modern working environment with state-of-the-art facilities, in an outstanding location, that enjoys, uninterrupted harbour views. 22 Fanshawe holds a long reputation of consistently catering to the needs of large legal and financial organisations, having been initially developed and constructed for a leading international law firm. Designed by Stephenson & Turner, this asset has now been reinvigorated and repositioned to provide a superior office solution for businesses seeking a convenient location, coupled with the very best in interior design and building operations. Since refurbishment, the building now incorporates a fully renovated lobby, bathrooms and office floors. These enhancements have been designed to the highest of specifications in order to reflect the professional standards your staff and clients have come to expect. Your colleagues and clients will welcome your decision to relocate to 22 Fanshawe. From its elevated freehold location your staff and clients will enjoy unobstructed views towards Auckland s stunning viaduct and harbour. These stylish premises will provide you with the very best accommodation solution for your business, right in the centre of Auckland City s business hub. 4

5 AN OUTSTANDING LOCATION 22 Fanshawe is in a prime location, situated within the most intense concentration of commercial, entertainment and retail activities and development in the region. This distinctive property takes good advantage of the vibrant atmosphere of the city with its energy and potential, and has convenient proximity to everything from parking, shopping, restaurants, banks, transport and childcare facilities. On the corner of Fanshawe, Federal and Wolfe Streets, the building is directly opposite the Downtown car park building, and adjacent to Auckland s Viaduct, North Wharf Restaurant precinct, the Waterfront, and handy to all forms of public transport. The Ferry Terminals and Britomart Transport Centre are less than 5 minutes walking distance. Fanshawe Street is one of the city s main arterial roads, providing easy access to Queen Street, Ponsonby, the Harbour Bridge, and the various motorways serving the greater Auckland area. Bus Stops Britomart Ferry Terminal Public Parking Childcare QUAY ST QUAY ST Gyms ATM facilities Cafés NORTHERN MWAY VICTORIA PARK NELSON ST HOBSON ST FANSHAWE ST 22 VICTORIA ST ALBERT ST QUEEN ST CUSTOMS ST EAST NORTHERN MWAY VICTORIA PARK NELSON ST HOBSON ST FANSHAWE ST 22 VICTORIA ST ALBERT ST QUEEN ST CUSTOMS ST EAST Bars Restaurants WELLESLEY ST ALBERT PARK SYMONDS ST PARNELL RISE WELLESLEY ST ALBERT PARK SYMONDS ST PARNELL RISE City Link Bus Route Inner Link Bus Route MYERS PARK QUEEN ST AUCKLAND DOMAIN MYERS PARK QUEEN ST AUCKLAND DOMAIN Outer Link Bus Route 5

6 FANSHAWE 6

7 WHY MOVE TO FANSHAWE STREET? Centrally located, easily accessed and surrounded by everything the city has to offer... PUBLIC TRANSPORT There is ample public transport within close walking distance of 22 Fanshawe. The Britomart Transport Centre, Queens Wharf Ferry Terminal, several taxi ranks and multiple additional bus stops are located within a minute or two of the front door. MOTORWAYS & PUBLIC CAR PARKING In addition to the secure and covered on-site car parking, and the Downtown Carpark directly opposite, there is a wealth of public parking within easy walking distance of 22 Fanshawe. Tournament Parking at Nelson Street and Shortland Street, Wilson Parking at Fanshawe Street and Customs Street, and the Farmers Carpark on Hobson Street offer an almost unlimited supply of parking choices. Motorway access north, south, east and west including over the Harbour Bridge are all in close proximity. CAFÉS AND RESTAURANTS In conjunction with the on-site café, there are a variety of restaurants and cafés to choose from and so much more right on the doorstep of this magnificent location. GYMS / RECREATION / HOTELS Staff can keep fit and healthy, with several commercial gyms close by. These include: Les Mills on Victoria Street and Britomart Tepid Baths Customs Street 151 Corporate Health Club on Wyndham Street City Fitness Queen Street Alternatively, a brisk walk or jog around Victoria Park or the Viaduct Waterfront are also at hand. For those out of town clients/colleagues that visit, there are ample options of hotels. Whether it be for a casual night stop or a few days in town, the best in World Class Hotels are all within walking distance or a short taxi ride away. RETAIL AND BANKS All major banks and ATM facilities are located within close walking distance of 22 Fanshawe. The Viaduct and North Wharf precincts cater for virtually every taste; Queen Street and Albert Street are bursting with restaurants, hotels, cafés and food halls. 7

8 A SUPERB BUILDING High quality finishes, expansive floor space and ample parking add to the desirability of this iconic property. EFFICIENT FLOOR PLANS Full or multiple floors are available with practical and expansive floor space. AMPLE CAR PARKING In addition to the 66 secure and covered on-site carparks 22 Fanshawe is in close proximity to more than 3000 public carparks that are available on an hourly, daily, weekly or monthly basis. QUALITY FINISHES The extensive refurbishment recently completed is of the highest quality, with modern finishes being added throughout this property for you to enjoy. 8

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10 FANSHAWE 10

11 PROPERTY DESCRIPTION FOYER The foyer is accessible from Fanshawe Street and the café deck entrance. The foyer has undergone a major refurbishment. The new look will have a fresh upmarket feel; it will provide several unique areas for seating and a central café serving refreshments, coffee and light meals. The high wall positioned on the left hand side of the entry is covered with live plants, which adds more life and openness to the foyer space. The green wall is also visible from level one. OFFICE SPACE The floors have the advantage of natural light to all perimeter walls. The office floors from level 2-10 are column free, providing an approximate floor plate area of 610m 2, with a floor loading of 2kpa. Levels 11 and 12 are of a slightly smaller footprint, making way for the outdoor decks with their breath taking views over the harbour and viaduct. The upgrade of the office floors include new ceilings, LED lights and carpets to a high specification. All existing toilet facilities have undergone a major refurbishment including the installation of new, high quality fixtures. SUSTAINABILITY The refurbishment incorporate s the use of sustainable materials in the choice of floor finishes, wall paints, light fittings and furniture. EXISTING TENANTS ROBERT WALTERS LIMITED The New Zealand office of the international recruitment consultants Robert Walters Limited is situated on Level 9 of the building G SOLO ESPRESSO CAFÉ This high quality espresso café situated in the building foyer serves typical café food and beverages. They also have the ability to cater for events within the building. 11

12 View from 22 Fanshawe 12

13 13

14 OUTLINE SPECIFICATIONS: BUILDING DESCRIPTION AND TECHNICAL DETAILS 22 Fanshawe was originally constructed to a very high standard with an extensive refurbishment currently underway. Given its institutional ownership, the building has been well maintained with quality finishes throughout that add to its ambience. CONSTRUCTION AND FAÇADE The external cladding consists of precast concrete infill panels, exposed aggregate finish and aluminium window joinery. Construction of the building is reinforced concrete utilising in situ and pre-cast components. Each floor has a maximum loading of 2 kpa. The basement carpark areas are enclosed by concrete retaining walls. LIGHTING Lighting in the open floor plans is designed to provide 500 lux average with an average uniformity of 0.8. The luminaries in the general floor lighting consists of recessed energyefficient lighting. MAIN ELECTRICAL SERVICES Distribution boards are currently configured to supply two tenants per floor separately, and dedicated circuits are run in the ceilings from the local distribution board. A metered riser is provided for distribution boards on every floor. All levels contain a Brevisco harness system to distribute power throughout the floor, providing tenants with the flexibility to plug in and out final components to suit final partition layouts without the need to run new circuits from the local distribution board. EMERGENCY GENERATOR A Caterpillar Model C18 Acoustic Diesel Generator set was installed in This has the capacity to meet the electricity needs of the entire building should there be a major power outage all services and tenant supplies are met by the capacity of the generator. The generator has an internal 5000 litre fuel tank, giving up to 12 hours continuous supply before refuelling is required. HEATING, VENTILATION AND AIR CONDITIONING The building has a thermostatically controlled fan coil unit air conditioning system served from common heating boilers in the roof and chilled water plant equipment. Both chillers were replaced in After hours air conditioning is available on all floors via a secure online booking system, and fresh outside air is supplied by the rooftop air handler and is tempered on entry. The FCU on floor unit temperature settings are controlled centrally to provide year-round temperature comfort. CHILLED WATER LOOP Chilled condenser water to provide for tenant computer server rooms is piped from the existing cooling towers. LOW ENERGY CONSUMPTION BUILDING Following the completion of the 2015 refurbishment and upgrade of the building management system, recent consumption has been assessed and indicates the building will achieve projected NABERSNZ rating of 4.5 stars building efficiency. NEW LIFTS The building is served by a bank of four high-speed, high-rise rise passenger lifts. A full lift upgrade with new destination control and regenerative drives making for a quicker and more efficient lift service. These Schindler lifts have a travel speed of 2.5 m/s, and each lift capacity is 16 persons or 1088kg. Two of the lifts extend to the basement parking levels. New features of these lifts include: Separate Passenger Groups Avoid travel in similar lift cars with other tenants if required. VIP carpark travel VIPs can get express travel to the office and carpark. Restricted access cards can be programmed to ensure only one lift is made available to contractors, and couriers (Being Lift A) ECO Energy control capability. PLUMBING The building has a cold water supply that is fed into tanks in the plant room at roof level from pumps at the Federal street level. There are isolators fitted for both tanks and pumps. The piping for the cold water supplies are copper piping. The hot water for the toilets is supplied by 45 litre low pressure hot water cylinders which are situated in the plumbing duct on each floor. 14

15 FIRE PROTECTION The building is fitted with a dual water supply sprinkler system from street mains, booster pumps and control valves. Sprinklers are fitted throughout, including in ceiling voids. Floor isolation valves have been fitted to allow individual floor maintenance or modifications without shutting down the entire building. Manual alarms are located throughout the building and smoke detectors located in the lift lobbies of each floor. The alarm system also has the capacity to accept alarm outputs from tenancy special fire detection systems such as computer-suite smoke detectors or gas flood systems. The manual alarms, smoke detector activations and sprinkler activations will sound the building activation system and are automatically transmitted to the NZ Fire Service. SECURITY A new access control system has been recently installed. The system integrates with the lifts giving complete floor access and user control and is monitored externally 24/7. The system has the capacity to be expanded to meet additional requirements when undertaking new fit-outs or upgrades within each floor. CAR PARKS The property provides for a total of 66 car parks, with 51 covered car parking spaces over two basement levels accessed off Fanshawe Street and a further 15 spaces at ground level accessed off Federal Street. A swipe card opens the roller grille to the basement carpark and the barrier arm to the ground level parks. 15

16 LEGAL DESCRIPTION Certificate of Title NA63B/320 North Auckland Registry Legal Lot 1 Deposited Plan and being part Allotments 19 & 20, Section 18 City of Auckland Reception fit out on Level 11 Land area Estate 1284 square metres more or less Fee Simple USE PROVISIONS The property lies within the Strategic Management Area 1 (Core) under the Auckland City Council District Plan The purpose of this zone is to provide for high intensity commercial, retail and associated services which make up the inner core of the central area of Auckland. View of 22 Fanshawe from North Wharf OWNER TEL Property Nominees Limited Reception fit out on Level 12 16

17 POTENTIAL TENANCY LAYOUT GOODS LIFT EXISTING LIFT EXISTING LIFT EXISTING LIFT 17

18 POTENTIAL TENANCY LAYOUT 18

19 POTENTIAL TENANCY LAYOUT 19

20 ABOUT THE OWNER 22 Fanshawe is owned by TEL Property Nominees Limited, a Fund that has been investing in commercial property for more than 20 years. Today, with a portfolio valued at over $350m, we provide office, retail and warehouse solutions to almost 200 organisations and businesses located throughout New Zealand. Carefully selected, rigorously investigated and skilfully managed property is fundamental to any property strategy. We seek long-term value in the assets we invest in, exercising care, expertise and prudence in our management and maintenance of the property you occupy. Conservative by nature and considered in our approach, we carry no gearing within our portfolio, nor do we undertake significant development risk in turn providing our tenants with a stable and long term business relationship. The Fund is managed by Fisher Funds Management Limited (Fisher Funds), the largest New Zealand owned and operated investment manager. Established in August 1998, Fisher Funds is a specialist investment manager with responsibility for over NZ$6 billion under management. These funds are held on behalf of a diverse range of New Zealand clients including community trusts, charities, KiwiSaver schemes, corporate pension schemes and individuals. Fisher Funds is delighted to have been acknowledged consistently over the years by the investment management industry. Recently we have been the proud recipient of the following awards and nominations: Morningstar Fund Manager of the Year 2014 KiwiSaver Finalist Morningstar Fund Manager of the Year 2014 Domestic Equities New Zealand Finalist Morningstar Fund Manager of the Year 2013 Domestic Equities FundSource Fund Manager of the Year 2013 NZ Equity Sector As a specialist investment manager with a nationwide reach we are proud of our role in helping both individuals and institutions achieve their saving and investment objectives. Investing is not just our profession, it s our passion. A quality building in a prime location 20

21 THE TPNL PROPERTY PORTFOLIO BAYFAIR SHOPPING CENTRE MT MAUNGANUI Located approximately seven kilometers north of Tauranga, in one of the country s most rapidly growing areas, this iconic retail centre is anchored by Kmart, Woolworths, Countdown and Farmers, along with almost 100 speciality stores. This single level regional centre is fully enclosed and air conditioned, with ample customer parking around the complex and on three floors of free undercover parking. MERIVALE MALL CHRISTCHURCH Merivale Mall continues to concentrate on maintaining the best fashion offerings, including the Witchery and Cue clothing brand retailers. This fully enclosed, shopping mall is anchored by a Fresh Choice supermarket alongside 60 upmarket boutique and speciality stores. The exterior of the mall underwent a major rebranding and refurbishment in late 2008, to underscore the high quality and boutique nature of the offering. ALLIED PICKFORDS AUCKLAND Constructed in 1996 and located in one of Auckland s prime industrial locations in the Westfield Industrial Estate, this property comprises a substantial and purpose-built warehouse distribution facility with a two-level office annex. Surrounding development is of a high standard and the area has attracted national and international business. This property is considered to be extremely desirable from both an investor and occupier perspective. MAZDA AUCKLAND Constructed in 1996 to an exceptional standard, this building is an award-winning purpose-built warehouse facility with quality offices attached. It was fully refurbished in 2006 for the two major tenancies, including the head office for Mazda New Zealand. The air conditioned office component is a single-storey annex built to a high specification, with its own street entrance and client parking area. The warehouse component includes five full-height roller doors and an excellent connection to its large canopy. The property is located in the Westfield Industrial estate, one of Auckland s prime industrial locations. GOODMAN FIELDER HOUSE AUCKLAND This high quality property (with anchor tenant Goodman Fielder) is located on a major intersection at Fanshawe and Nelson Street in the western precinct of the Auckland central business district. It comprises an eight level upmarket office space, with basement parking as well as dedicated spaces in the adjoining parkade, accessed via a dedicated, secure airbridge connection. The stunning location close to the Viaduct Basin entertainment precinct, Britomart transport centre, and Auckland s thriving central business district makes this a hugely desirable property. URS BUILDING AUCKLAND The URS Centre is an extensively refurbished, quality office block positioned in the desirable inner city suburb of Freemans Bay, Auckland City. Originally built in 1989 by the Australasian construction company McConnell Dowell, the URS Centre features four levels of office space providing 6,260 sqm of lettable area, together with 190 carparks below. The property was extensively refurbished in 2010, and now boasts a new Alucobond façade system in addition to upgraded lift lobbies and bathrooms on all levels. 21

22 CONTACT Brent Buchanan Head of Property TEL Property Nominees Limited Or your preferred leasing agent Disclaimer This document has been prepared by the TEL Property Nominees Limited solely for the information of potential lessees to assist them in checking if they are sufficiently interested in the property offered to proceed with further investigation. It is provided on a confidential basis and is not to be re-supplied to any other person without the prior written consent of TEL Property Nominees Limited. 22

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