44 The Terrace is well located within the Wellington parliamentary sector and provides 10,000 sqm of efficient office space over 12 levels. All office floors are leased by government tenants mostly on long-term leases. A comprehensive refurbishment and seismic strengthening project completed in 2017. Note: this safe space includes common, carpark, and amenity areas only. It does not include spaces occupied by property tenants (e.g. retail stores and/or company offices).