OFFICE

ASB North Wharf

A showcase of environmental design and innovative office space solutions, ASB North Wharf is an award-winning, seven-level office building, developed by Kiwi Property for blue chip tenant, ASB Bank.

Overview

An office building worth the commute

ASB North Wharf is a prestigious office space in a prized waterfront location. The building’s position, striking architecture, and diverse ground floor restaurant options have made it a landmark on the Auckland cityscape, and a big part of the Wynyard Quarter’s continued regeneration. It sits close to rail, bus and ferry hubs, so is easily accessible for commuters. Adding to the buzz is a vibrant neighbourhood of bars and eateries that draws people from all over the city.

Sustainability

Sustainable inside and out

ASB North Wharf delivers an impressive combination of sustainable design and occupant satisfaction. The building was a winner of the 2014 New Zealand Architecture Medal, and achieved a NZGBC 5-star Green Star rating, recognizing it as a market leader in energy efficiency.

Among its design features are two blocks connected by a glazed corridor, a light-filled atrium, openable windows for fresh air, and a distinctive helio-coil exhaust on the roof. The building’s outer facades provide interior shading whilst maximizing views over the harbour, and the themed open-plan workspaces encourage a collaborative and sociable environment. It’s a great space to work in.

Location

12 Jellicoe Street, Auckland

ASB North Wharf is situated on the waterfront at Wynyard Quarter, one of New Zealand’s largest urban revitalisation projects and home to a number of leading businesses.

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Property overview

Property type	A-grade campus
Ownership interest	100%
Date completed	2013
Last refurbished	N/A
Net lettable area	21,249 sqm
Typical floorplate	4,000 sqm
Carparks	97

Key metrics

Annual sales	N/A
Valuation	$230.0m
Capitalisation rate	5.63%
10-year internal rate of return	6.95%
Net operating income	$14.5m
Occupancy	96.3%
Weighted average lease expiry	7.7 years

ASB North Wharf

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Get in touch

Leasing enquiries

We are committed to creating innovative spaces that help attract and retain staff, enhance workplace productivity, and enable businesses to thrive. If you’re interested in knowing more about leasing space in any of our office buildings, please contact us.

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