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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Poll: As a customer, what do you think about automation?
The Press investigates the growing reliance on your unpaid labour.
Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.
We want to know: What do you think about automation?
Are you for, or against?
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9.3% For. Self-service is less frustrating and convenient.
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43.6% I want to be able to choose.
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47.1% Against. I want to deal with people.
Rock'in with Elvis by Mike Cole
The Memories of Elvis Fan Club invite you to our 1st Elvis Social for 2026. We are excited to have our own Mike Cole back at the Te Atatu RSA on Saturday 28th February at 7.30pm. Cost only $20pp. Tickets are on sale at the RSA or reserve through Jackie 0274901126. So lets see you with your dancing shoes on and that great smile as we start off 2026 with a bang.
Room Available in Henderson
Have a furnished room available with king single bed and heat pump. In newer home, $200/week utilities and internet included. Prefer young lady as bathroom shared with lady in mid twenties. We are a friendly group. Message me if interested.
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