New Zealand's Fortune Theatre is located on the corner of Moray Place and Upper Stuart Street, in the heart of the southern city of Dunedin. The theatre lays claim to being the World's southernmost professional theatre company and is the sole professional theatre group in Dunedin. The Fortune Theatre building is registered as a category I historic place by the New Zealand Historic Places Trust, which recognises its historic and architectural significance.
The theatre is a repertory theatre, and is a regular host of both local and touring shows. It also contains the entrance to a World War II underground bunker. Financial difficulties in 2000 threatened the theatre with closure, and forced the sale of the building to the Dunedin City Council. The council currently leases the building back to the Fortune Theatre Trust.
The Fortune Theatre company was co-founded by David Carnegie, Alex Gilchrist, Murray Hutchinson and Huntly Elliot. The company has been operational since 1973 and from 1974, was initially located in the 105-seat Otago Cine Club theatrette at the rear of the Athenaeum building of the Octagon. However, after hiring full-time acting staff in 1977, it was decided that the venue was too small to continue to be viable. Since 1978, the Fortune Theatre has been located in the former Trinity Methodist Church which was opened in 1870 and is close to the city's centre (The Octagon).