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 to repurpose the Category 1 Historic Place building, which has been vacant since 2018.

A significant investment is required, with a report by Flanders Marlow Limited estimating $3.8 million in renovations are needed to make the property tenantable.

The council's goal is to find a buyer who will respect the building's heritage and bring it back into active use for future generations.

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