ASB North Wharf

A showcase of environmental design and innovative office space solutions, ASB North Wharf is an award-winning seven-level office building which was developed by Kiwi Property for ASB Bank. ASB has a lease over all the office space until 2031. The waterfront location and striking architecture have made it a landmark on the cityscape, and includes award winning restaurants creating an active frontage to North Wharf.

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Key features

waterfront address

situated on the Auckland waterfront, surrounded by great dining options.

flexible working

ASB North Wharf provides activity-based working accommodation.

blue chip tenant

ASB is one of New Zealand's largest banks, with more than 1.3 million customers

Key facts

ownership interest (%) 100
building grade A-grade campus
date completed May-13
last refurbished N/A
net lettable area (sqm) 21,625
typical floorplate (sqm) 4,000
carparks (no.) 97
net rental income ($m)* 11.9
occupancy (%) 100.0
weighted average lease term (years) 13.1
book value ($m) 196.9
capitalisation rate (%)* 5.75
10-year internal rate of return (%)* 8.10

All statistics are for the year ended/as at 30 September 2017 except items marked * which are for the year ended/as at 31 March 2017

Location

ASB North Wharf

12 Jellicoe Street
Auckland 1010

Visit ASB North Wharf website

Get directions

Who's at ASB North Wharf?

ASB North Wharf is the head office of ASB Bank, which began an 18-year lease over all of the building’s office space in 2013, locking in a valuable long-term income stream for our investors. At street level, the space is occupied by food and beverage tenants.

91%

Banking

9%

Office retail

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Our Asset Manager

To speak to our Asset Manager, please contact:

Kane Goulden
Commercial Asset Manager

+64 9 359 4039
+64 21 375 164

Lease with us

We're passionate about providing exceptional spaces for businesses to flourish. We do not have office space available at ASB North Wharf. If you are looking for great office space at any of our other properties, contact our leasing team today.

Contact us