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Home / Property

The Blade is for medical or corporate tenants

By Paul Charman
NZ Herald·
9 Nov, 2018 04:00 PM3 mins to read

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Floors 4 and 5 are available to lease at the unfinished Blade building at 10 St Marks Rd. Photo / Supplied

Floors 4 and 5 are available to lease at the unfinished Blade building at 10 St Marks Rd. Photo / Supplied

With completion due in a matter of weeks, the St Marks medical complex in Newmarket is casting its net wide.

Two upper 405sq m floors are being pitched as premium-grade office spaces, and not exclusively just for medical tenants.

Bayleys leasing specialist Ben Wallace says Levels 4 and 5 of the aptly-named 'Blade building', will probably attract as much interest from outside of the medical world, as from within it.

Wallace says the floors at 10 St Marks Rd — offer an outstanding city-fringe location with stunning design and views.

"Floor-to-ceiling double-glazed windows and large balconies maximise a beautiful vista across Newmarket Viaduct and out to the western suburbs," says Wallace.

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"Medical entities will be keen to move in among like-minded professionals in a purpose-built complex. But the landlord isn't excluding other corporate sectors, or professional services businesses; those seeking new premium-grade commercial floor space with great views. There's the option of taking both floors and installing an internal stairwell to connect these two floors together."

Wallace says The Blade is serviced by two lifts and has 'expansive' visitor parking.

Each floor in the tower comes with its own 7.5sq mexternal balcony facing toward Newmarket, plus bathroom amenities which are already in place.

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The floor-to-ceiling windows maximise the available natural light; while exposed steel diagonal tubular support beams create a semi-industrial tone to the external look.

Wallace says per-square-metre rates for the two vacant floors may vary depending on lease terms and conditions.

Both floors are available for immediate occupation, subject to fit-outs.

"To give an indication of price, the top floor has been leased for $450 per square metre," he says.

Bayleys is also on the lookout for a tenant to operate a 'special hospitality venture' at ground level in the complex.

Street level food and beverage space is for lease beneath multi-million-dollar apartments, within one of St Marks' residential wings.

Bayleys hospitality leasing specialist, Ranesh Parmar, says the 230sq m food and beverage site for lease faces out on to St Marks Rd.

"We are looking for an experienced operator capable of providing a morning and lunch cafe-styled servicethrough to a bar and bistro-styled evening service," says Parmar.

"The customer catchment for these varying segments of the day is huge.

" It includes employees working in the The Blade itself; residents of the adjoining St Marks apartments; staff from the dozen or so other healthcare providers nearby; residents living in this affluent part of Auckland City and the wider general public.

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"The high-end nature of St Marks apartments, combined with the block's neighbourhood location, creates an immediate and substantial point of difference from food and beverage operations situated in and around Newmarket's arterial Broadway strip.

"There will be far more of a 'community' feel in the establishment now for lease," says Parmar.

"Cafe and restaurant customers visiting the destination at night will have the benefit of being able to use The Blade's car parking spaces."

The occupancy of The Blade is as follows:

• two basement car parking levels;
• floors 1, 2 and 3, occupied by the St Marks Breast Clinic;
• floors 4 and 5 available for lease; and
• floor 6 where an orthodontist and an oral surgeon are fitting out floor space with a view to moving in before Christmas.

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