1091 days ago

Million-dollar dumps: The Auckland car park worth $82.5 million

Caroline Williams Reporter from Auckland Stuff

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.

More messages from your neighbours
16 hours ago

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1 day ago

Art on Baseball Caps

Connie from Remuera

Hello everyone,

I have four new caps of a limited release of hand-painted artwork on Baseball Caps. If you'd like to view the previous releases, you can see them here:
www.facebook.com...

Price per piece = $55.00.
Fabric look/feel is suede-like (not real suede). It is a really nice quality cap. You can zoom out a photo to view better.
Adjustable backstrap with metal clasp.
Handwash in cold water.

A special memorable yet practical gift for that special person. OR...get it for yourself! Just know that when you are wearing it to brunch, on your walks or at tennis/golf, YOU are the only person in the world with this original piece of wearable art ☺️.

Pickup in Remuera or happy to courier:
P&p $16.00 (with signature)
Rural addresses +$5.50.
If you want it sent overseas, I am happy to quote.

Have a great weekend! 🫰