This former theatre could be yours, just prepare to pay $3.8m to do it up

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This former theatre could be yours, just prepare to pay $3.8m to do it up

Details released for the sale of a former theatre in Dunedin, which requires an estimated $3.8m renovation to fix up.

Hamish McNeilly
Last updated: 3 July 2026 | 2 min read
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Dunedin's historic former Fortune Theatre is for sale. The Dunedin City Council is seeking proposals for the Category 1 Historic Place building, which requires an estimated $3.8 million in renovations to become tenantable again.

The council encourages proposals that respect and preserve the building's heritage, aiming to bring the property back to active use. This sale will also end the current $122k annual maintenance cost for ratepayers. Interested parties must submit their proposals by August 17.

The Fortune Theatre moved into Dunedin's Trinity Methodist Church in 1978. Photo: Hamish McNeilly

The former Fortune Theatre, on the corner of Stuart St and Moray Pl, Dunedin. Photo: Hamish McNeilly

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Hamish McNeilly Hamish McNeilly
Stuff, senior reporter