Case Study: One Byron Ave, Takapuna
One Byron is an exciting commercial development in the heart of Takapuna. Sporting a refurbished interior and exterior, the building services a dynamic array of businesses, retailers and cafes. Boasting contemporary facilities with a fresh industrial edge, One Byron is a statement maker in a vibrant North Shore location.
In early 2014, an industry referral led Macau Investments to instruct Viranda on a redevelopment project at 1 Byron Avenue, Takapuna. This dilapidated building was originally home to the North Shore Times and required major earthquake strengthening, along with an overall upgrade to its office and retail accommodation.
Working closely with Macau and other specialists, Viranda defined the scope of work, ensuring maximum leasing potential and overall asset value sat at the heart of all decisions.
Works included a full demolition of two existing floors, replacing with three new floors and an overall fit-out – all carried out to an impeccable standard and fashion.
Throughout the construction phase Viranda liaised with all external parties including Council. Next up, our property management services included negotiating the surrenders of existing leases to allow redevelopment, along with marketing advice to secure new tenants across the building. All new leases were negotiated, and the building currently enjoys 100% occupancy.
Viranda continues our services to Macau in a day to day manner with full facilities management, opex budget handling and so on. Strong communication and our long-term relationship with Macau has placed us in good stead to continue identifying potential to add value to the building.