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 it includes award-winning restaurants creating an active frontage to North Wharf.
situated on the Auckland waterfront, surrounded by great dining options.
ASB North Wharf provides activity-based working accommodation.
ASB is one of New Zealand's largest banks, with more than 1.3 million customers
|ownership interest (%)||100|
|building grade||A-grade campus|
|net lettable area (sqm)||21,625|
|typical floorplate (sqm)||4,000|
|net operating income ($m)||6.2|
|weighted average lease term (years)||12.1|
|adopted value ($m)||209.5|
|capitalisation rate (%)*||5.63|
|10-year internal rate of return (%)*||7.8|
|*As at 31 March 2018 as assets were not independently valued at 30 September 2018.|
Unless otherwise stated, all statistics are for the six months ended/as at 30 September 2018.
ASB North WharfGet directions
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.
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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