CBD Update November 2017
The festive season is bearing upon us with the construction of the Christmas Tree in Garden Place ready for the tree lighting concert on the 2nd December.
Feedback around the new parking initiative has been positive with visitors to the CBD becoming more aware of the 2 hours free opportunity. We have also had positive feedback from current and future tenants regarding on street customer parking.
This month movements around the CBD have included The Training Bureau to 36 Bryce Street, Platform Plus relocating to 850 Victoria Street, DTR have relocated from Victoria Street to Barton Street with Simply Gifts taking over the DTR vacated space creating double the amount of space. Corner of London and Anglesea Streets now features a new gym called 9 Round Kickboxing, this space was previously occupied by Smart PC. DeStylez Studio Mix have recently moved into the space on the corner of Collingwood and Anglesea Streets.
We have got Commercial auctions at our premises on the Corner of Victoria & London Streets coming up on Thursday 30th November starting at 11am with some quality investment opportunities on offer. Contact the NAI Harcourts team for further information.
CBD Update October 2017
Leading into the run up to Christmas we have seen a demand for pop up retail offerings including I Love Ugly and Trade Aid who have shops on a short term basis down Casabella Lane.
This month we saw Mike Pero Real Estate open at 660 Victoria Street and Kathmandu have moved from Bryce Street to Centre Place. Diversity Counselling have taken up space at 55 London Street with the Family Law Centre also moving into the Vero Building located at 127 Alexandra Street.
We were excited to see plans for the expansion of Novotel in Alma Street which will provide 40 extra rooms to the hotel.
Trust Waikato are currently in the process of constructing a new building directly behind their current premises in London Street. We are looking forward to seeing their new premises.
The Electoral Commission housed in Ward Street drove a record low vacancy for office space in the CBD in the past six months to June 17. There is still a strong demand for high quality office space with vacancy at a four year low in grade A.
The current vacancy of 8.3% remains below the five year historical average of 9.8%. Typically, we anticipate and are already seeing retail activity ramp up in the months leading up to Christmas.
Update provided by Rebecca Bruce from NAI Harcourts
CBD Update September 2017
September has put a spring in the step of the CBD with day light savings activating the energy. Gates are on the move into the ground floor of the Beggs Wiseman building on the corner of Victoria & Ward Streets joining Dynamo6 who have also recently taken up occupancy of the first floor.
Recent refurbishment of this building has highlighting the historic features and this building still offers retail space from 54sqm to 114sqm.
Gates previous building at 302 Barton Street has concepts and plans drafted to create a laneway wrapping around the rear of the building which will incorporate Rocket Coffee and Needle in the Hay. These concepts and ideas bring a new element and offering to retail in the CBD.
530 Victoria Street saw E-Juice bar take up the ground floor retail space and north of this 660 Victoria Street has undergone a complete refurbishment. One ground floor tenancy already snapped up and we look forward to seeing this new business arrive to Hamilton. Two ground floor tenancies remain with office space on the second floor also available.
Our latest retail and office occupancy surveys focussing on the CBD will be out in the next couple of weeks, keep an eye out for these to find out the latest trends in occupancy rates around the CBD.
Update provided by Rebecca Bruce from NAI Harcourts
CBD Update August 2017
There was a full auction room this month showing business confidence around Hamilton and the Waikato with strong demand for good quality property and top prices are being achieved.
New to the CBD:
Prof’s at 113 Alexandra Street serving legendary coffee, crafted cabinet food from Prof’s @ Woodlands.
Flex Fitness Headquarters 3 London Street, New Zealand’s fastest growing fitness franchise, supporting their recently opened gym at 191 Anglesea Street.
Fromage Café 532 Anglesea Street having had a complete refurbishment of the site. We encourage you to go and sample their fantastic cabinet offerings or their made to order menu.
Jill and Ange corner of Victoria Street and Garden Place providing unique and limited clothing and accessories designed and made in New Zealand.
Industry training solutions have opened at 151-159 Victoria providing professional hospitality training.
The residential sector continues to grow on the fringe of the CBD and indications show there is a growing demand for higher quality residential options in and around the city. This month we witnessed the demolition of the old Corrections building at 220 Tristram Street, making way for a brand new mixed use development.
Update provided by Rebecca Bruce from NAI Harcourts
CBD Update June 2017
Great to have seen the buzz in the CBD during the Lions Tour. The benefit from the number of visitors was felt by the businesses far and wide during this time.
Roaring into the CBD we welcome Hayward and Co Chartered Accounting who are excited to be moving into the North end of the city at 37 Harwood Street, great location and great parking at the door. A small boutique firm focused on service delivery to their clients and a Xero partner assisting clients with new setups and transitions from previous accounting software or new business. Follow them on Facebook @haywardco
Click Cover Insurance have moved into the AMI building on the Cnr of Anglesea and London Streets. The ground floor of 500 Victoria Street is soon to feature a copy centre. 33 Clarence Street is going to be the new home to Fiona Harvey lashes.
Update provided by Rebecca Bruce from NAI Harcourts
CBD Update May 2017
The weather may be cooler but it's sizzling in the CBD!
We are looking forward to welcoming Milano Pizza to 75 Ward Street to add to their existing outlets in and around Auckland.
Centreplace has two new stores this month, Cotton on Body and Typo, bringing to the CBD their dedicated band of followers.
Barbershop Co have a fantastic new premises at 585 Victoria Street expanding from their existing premise on Grey Street.
There is still a growing demand for smaller opportunities for owner occupiers premises. Unit1,310 Tristram St recently sold to a psychology practice who are looking forward to establishing themselves at this location.
NAI Harcourts are fizzing to be back in the CBD where all the action happens. You can now find us on the corner of Victoria and London Street ready to welcome you through the door.
May 2017 Update thanks to Rebecca Bruce from NAI Harcourts
Businesses Recently Opened in the CBD
Are you a new business in Hamilton CBD? Contact us to receive the new Business Pack availabe to all businesses and to discuss promotions we are able to help you with at no cost!
November 2017
DeStylez Studio Mix - Cnr Collingwood & Anglesea Streets
9 Round Kickboxing - 116a London Street
October 2017
Mike Pero Mortgages - 660 Victoria Street
PUURUA - Tainui Group Holdings Partner Centre - 509 Victoria
I Love Ugly - (Pop Up Shop) Casabella Lane
Trade Aid (Pop Up Shop) Casabella Lane
September 2017
Player - Centre Place
Coffee Fromage - 532 Anglesea Street
Cizzlin - Centre Place
Kathmandu - Centre Place (Opening Soon)
E-Juice Bar - 530 Victoria Street
Daily Dose - Casabella Lane
August 2017
Prof's on Alexandra - 113 Alexandra Street (opening August)
Jill & Ange - Cnr Victoria Street and Garden Place
Birch Surveyors-Hamilton Branch - Level 6 NZI Building|11 Garden Place
Databack & IT Solutions - Level 1 | 12 Garden Place
Flex Fitness - 3 London Street
Industry training solutions - 151-159 Victoria
July 2017
Sue e furniture - Centre Place
Cliniva Skin & Laser - Anglesea Clinic
Na-Vida Distributions Ltd - 357 Victoria St
Mole Map - Anglesea Clinic
June 2017
Rainbow Kids - 191 Anglesea Street
Performance Car Specialists Ltd - 453 Anglesea Street
Hayward and Co Chartered Accounting - 37 Harwood Street
Click Cover Insurance - cnr of Anglesea and London Streets
Fiona Harvey lashes - 33 Clarence Street
May 2017
BCB Law - Level 2 Caro House - 137 Alexandra Street
Rehab Trade Ltd - 108 Alexandra Street
Lan's Enterprise Ltd - 79 Worley Place
Barbershop Co - 585 Victoria Street
Fonda Latina - 11 Garden Place
Milano Pizza - 75 Ward Street
Magic Chinese Health Massage - K Mart Plaza
April 2017
TDM Homes - 30 Hood StreetFlex Fitness - 194 Anglesea Street
Anytime Fitness - 83 Anglesea Street (Currently being refurbished)
Body Buzz - 16a Vialou Street
March 2017
Mellow Business Group - 189 Collingwood Street
Palazzo Design - Cnr Victoria & Princes Streets
Silverton & Alexander Valuers - Cnr Victoria & London Streets
Lazat Restaurant & Bar Malaysian Street Food - 803 Victoria Street
Mortgage Advisors - 562 Anglesea Street
IT Business - 357 Victoria Street
Japanese Restaurant TATSUTA - 161A Victoria Street
True - 320 Barton Street
