Portfolio overview

ASB North Wharf

ASB North Wharf, the head office for ASB Bank in Auckland, is a showcase in environmental design and a multi-award winning masterpiece on the Auckland waterfront.  This A-grade asset provides more than 21,000 sqm of office space over seven levels.

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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

Building grade A-grade
Date completed May-13
Last refurbished n/a
Net lettable area (sqm) 21,625
Typical floorplate (sqm) 4,000
Carparks (no.) 97
FY16 net rental income ($m)¹ 13.6
Occupancy (%) 100.0
Weighted average lease term (years) 14.2
Valuation ($m) 188.7
Capitalisation rate (%)¹ 6.05
10-year internal rate of return (%)¹ 8.48
¹ As at 31 March 2016

Statistics as at 30 September 2016 unless otherwise stated

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%

Other

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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. If you are looking for great retail space at ASB North Wharf, contact our leasing team today.

Contact us