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.
Click 'read more' for our full story.
Get painting with Resene plant-based paints!
Plant-based paints are made just like normal paint but everything in the tin comes from plants and minerals.
Plus they’re Eco Choice approved with low odour and easy water clean-up, so you can paint or stain your place with ease.
Available from Resene ColorShops.
Private swimming lessons, affordable prices
My name is Katya Narkulova. I am a swimming instructor with 2 years experience and I have my level 3 teaching in Aquatics qualification. I have been involved in competitive swimming, water polo and synchronised swimming from age of 8. I am passionate about teaching people to have confidence in the water and to improve their swimming ability, either socially or praperation for competition. I offer private lessons in West Auckland (preferably Mt Eden Dean Greenwood swimming pool) , for all ages and abilities.
References are available upon the request.
My contact details are, 0226513467 and katanarkulova10@gmail.com
Tips for better sleep from Beds4U!
Hi Neighbours,
Tired of counting sheep? We've got a better way! Check out our latest tips for a sleep experience that'll have you waking up refreshed and ready to conquer the day. #sleeptip #sleep
Loading…
