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.
Looking for a Massage Therapy? -- Special Offer Available !!
Special Offer Available.
* 20min Shoulder & Neck Relaxation Massage**
Special price: $20
** Perfect for Busy Professionals**
Feeling the strain from long hours at your desk? Our targeted shoulder and neck massage is designed to melt away tension and stress in just 20min. Ideal for busy professionals, this quick session will leave you feeling refreshed and rejuvenated.
**Bonus: Stress Relief Herbal Consultation**
Enhance your relaxation with a complimentary herbal consultation. Our expert will recommend personalized stress relief herbs to support your wellbeing ,keep you calm and increase the ability to handle the stress throughout the day.
Promotion ends 31 Dec 2024.
Please make an appointment in advance with our massage therapist:
Call Toll-Free 0508 383 747, then press 1 to the clinic.
Email: evergreenclinic.auckland@gmail.com
Website: www.evergreenclinic.co.nz......
Address: 463A Manukau Road, Epsom, Auckland 1023
BLACK FRIDAY SALE
**⚡🏃⚡🏃⚡HUGE CLEARANCE DEAL ON NOW - MASSIVE DISCOUNT ON LEATHER SOFAS - AT COST, CORNER SUITES PLUS MUCH MUCH MORE🔥⚡🏃🔥⚡🏃🔥⚡
PLUS WE HAVE TWO CONTAINERS OF CLEARANCE STOCK ARRIVING FROM IMPORTERS - 50% OFF RETAIL PRICES🥳👍🥳👍🥳👍🥳👍🥳
33 NELSON ST PUKEKOHE, 211 GREAT SOUTH RD TAKANINI, AND BED SHOP 33 EDINBURGH ST PUKEKOHE**
Calling All Puzzle Masters! Can You Solve This?
When John was six years old he hammered a nail into his favorite tree to mark his height.
Ten years later at age sixteen, John returned to see how much higher the nail was.
If the tree grew by five centimetres each year, how much higher would the nail be?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Loading…
