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.
🐾 Volunteers needed – Silverdale SPCA Op Shop 🐾
We’re looking for friendly, reliable volunteers aged 15+ to join our team at our Silverdale Op Shop!
If you can help on weekdays between 9am–5pm, with a 3-hour shift (or longer) and commit to at least one shift per fortnight, we’d love to hear from you.
Volunteering is a great way to:
• Meet a welcoming, supportive team
• Gain retail experience, and a reference for your CV
• Keep busy while the kids are at school
• Help raise vital funds for animals in need 💙
📍 8 Silverdale Street
🔗 Apply here: www.spca.nz...
Poll: 🤖 What skills do you think give a CV the ultimate edge in a robot-filled workplace?
The Reserve Bank has shared some pretty blunt advice: there’s no such thing as a “safe” job anymore 🛟😑
Robots are stepping into repetitive roles in factories, plants and warehouses. AI is taking care of the admin tasks that once filled many mid-level office jobs.
We want to know: As the world evolves, what skills do you think give a CV the ultimate edge in a robot-filled workplace?
Want to read more? The Press has you covered!
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52.6% Human-centred experience and communication
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14.3% Critical thinking
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30.3% Resilience and adaptability
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2.8% Other - I will share below!
Prices slashed for the weekend
Epic books from a collectors collection, only $1 a book today and all weekend long, some great art books and books on NZ history, bestsellers, and lots more.
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