Seeing an opportunity to reposition the existing building for higher and better use, Wyborn Capital acquired 1-5 Mahunga Drive in July 2022.
With its excellent location and close proximity to State Highway 20, we put the team’s expertise to work, refurbishing the 1,540m² warehouse space and 291m² office space to deliver an elevated industrial facility. The transformation saw a full facade treatment, storage facility upgrade including polished concrete slabs, skylight installation and automated roller doors, alongside extensive new office space with air conditioning units.
The final result yielded a new, reinvigorated industrial property, with excellent warehouse to office ratio, nestled in a prime location, which saw this property secure a long-term lease after just two weeks in the market.
In the heart of Auckland’s legal, academic and financial precinct, sits 2 Princes Street, a commercial building that was in need of rejuvenation.
Wyborn Capital acquired 2 Princes St in 2019, and has undergone a significant programme of internal and external refurbishment to deliver a modern and intuitive commercial property suited to the ever-changing office environment in the city’s Central Business District.
Fitouts that enable tenants to walk in and continue to operate the business with no downtime are in high demand. Set across five floors, 2 Princes Street offers 2,804m² of office space that has been expertly designed to deliver a variation of spaces to suit smart businesses of all types and sizes. We have delivered a full internal revitalisation that includes new flooring, exposed services and ceilings and introduced a modern lighting design that complements the properties natural light. Central to hybrid and flexible working environments are the shared use of common areas which have been extensively upgraded, including premium kitchen and communal hospitality spaces, alongside high functioning boardrooms and meeting rooms with the latest technology.
What was once a manufacturing facility has been converted into an exceptional property on the corner of Taylors and Gordon Road. Now home to two high end lighting tenants, Novii and ECC, this Morningside property has had extensive work to transform it from an old industrial site, to a high grade showroom and functional warehouse.
Offering 977m² of warehousing alongside showroom space and offices, our team expertly refurbished the property over a period of six months. External works saw all buildings re-roofed and meticulous landscaping of the premises. Internally, we significantly reshaped the functionality of the property by extending the offices, creating a front of house reception area and installing new bathroom facilities. We also replaced all HVAC, electrical LED lighting throughout and provided a full security system upgrade.
Wyborn Capital purchased 167 Pilkington Road in 2020. The property was the former home of Pernod Ricard, the world's second-largest wine and spirit seller, who used the property for over two decades as their primary NZ warehousing and bottling facility.
We were drawn to the site given its large scale of 7.2 hectares of land and approximately 38,000m² of buildings. The property gave us an opportunity to implement the team's resources and transform the existing properties into a higher and better use. After a 12-month construction program and extensive demolition works, a new leading Industrial warehousing and distribution was born, Pilkington Park.
The spaces ranged from 2,000m² up to 6,347m² with a range of business uses been accommodated. The park is now 100% leased with full drive-around facilities, 24-hour security, multiple container drop areas and an on-site childcare facility.
The Strand has undergone a substantial transformation from old warehouse space to character showroom/retail. We completed a redesign on a large warehouse, positioned alongside the long-standing flagship store Matisse Furniture. This transformation has created a large retail complex of 1,300m² with an additional 345m² in a more modern tilt slab building. Both buildings will look to accommodate retail/showroom/homeware tenancies. With new glazing and a piazza at the rear, the building’s occupants will enjoy an abundance of natural light and easy access. Additional car parking will also be to the rear of the property providing a total of 30 carparks. The property is minutes away from motorway access and has a number of public transport options nearby making it a desirable location.
Working with award-winning architects, Cheshire Architects, 56 Parnell Rd was redesigned into a sophisticated office building, providing onsite food and beverage amenities. Already onsite is the café Bolla nestled within the refurbished exterior courtyard. The main lobby area has undergone a significant rejuvenation, lined with travertine floors and walls giving a sophisticated flare to the building common areas. The ground floor (ex Westpac) now accommodates My Food Bag's development kitchen. With its extensive glazing opening up onto the rejuvenated gardens and courtyard, the premises are ideal for a retail showroom.
In early in 2008 a shell for our new offices was purchased on Drake Street in Freemans Bay. As we were working with a blank canvas, we were able to create a fit-out to meet our exact requirements. Working in conjunction with Fearon Hay Architects, we have created a fantastic work environment - relaxed yet formal. This project was completed in December 2008.
9 Nelson Street was purchased in 2008. The building had been left derelict for six years, but has now been rejuvenated, creating stunning character offices over two levels with onsite car parking. With sandblasted exposed timber trusses and beautiful concrete insitu walls with steel-framed glazing and quality fittings, this space has truly been transformed into one of Auckland’s most striking workplaces. Located at the base of Nelson Street and within walking distance of the Viaduct Harbour, it is certainly in a desirable location.
Purchased at the start of 2007 this property consists of three self-contained units featuring an open truss roof, polished floors and concrete walls. This working environment sets itself apart from the rest. With both levels containing approximately 350m², a modern, functional office space with character appeal was created. Working closely with the Fearon Hay Architects and the Engineer, we worked to give this property a new lease on life as well as addressing a seismic upgrade of the structure to ensure the end product can be enjoyed for years to come.
This property was purchased in late 2006 as a true redevelopment project. Initial architectural concepts included additional floors and conversion of the building into a modern office/retail structure. Mindful of the character appeal of the building, value was added to the property by implementing tenancy relocation and conducting an era-sensitive interior and exterior refurbishment programme to bring the building back to its former glory. Special attention was made to accentuate the kauri, exposed brick and other character features that the structure possessed.
326 New North Road was constructed in the 1930s, originally for a shoe manufacturing business. When we purchased this historic property in October 2008 we immediately commenced demolition and intensive renovations. These works were fully completed in April 2009 and the property now provides our tenants with high spec, upmarket offices ranging in size from 120m² to 540m² over two levels. The property has high ceilings with exposed timber trusses, polished timber floors, designer kitchens and light fittings, and stoned tiled bathrooms, all accentuating its original character features. It now also has a piazza-style courtyard for all to enjoy. This property has been retained as a long-term investment.