Million-dollar dumps: The Auckland car park worth $82.5 million
Downtown Auckland is going through huge transformation with its various streetscape and transport projects. But in stark contrast, several plots of land worth hundreds of millions of dollars have sat as car parks since buildings were knocked down in the 1980s.
The Elliott St car park sits on a 4417 square metre plot of land, valued at $82.5 million.
The land has sat undeveloped as a car park - where an hour will cost you $19 - since the Royal International Hotel was demolished in 1987.
It was purchased by Singapore company NDG Asia Pacific (NZ) Limited for $53m in 2012, and in 2017 the company was given approval by the Overseas Investment Office to build and operate a 52-storey, five- star Ritz-Carlton Hotel, with 300 guest rooms, four floors for hotel facilities, six for retail and five for car parking.
The development is expected to cost $350m, with the start of construction dependent on the completion of City Rail Link. However, the resource consent for the tower is due to expire in October.
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Lost Tiny White/grey tipped kitten
Good morning,
We have lost a tiny kitten this morning we are in Palmer Crescent. Could you please phone me if you find her. Her name is 'Willow'. 021675580
Thank you
Madelene
Pamela’s Kiwi food tour
Pamela, a resident of Bert Sutcliffe Village, has a passion for good food, great company, and exploring new places. A seasoned traveller and cruising enthusiast, Pamela has sailed to numerous destinations, sampling local cuisines along the way.
Closer to home, alongside her son-in-law and daughter, she has discovered a variety of restaurants that showcase the diversity of New Zealand’s culinary scene. Whether you’re planning a road trip, dreaming about your next cruise, or simply searching for a great dining spot, these are Pamela’s top food recommendations to inspire your next adventure.
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