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.
Turn downsizing stress into strength
Downsizing can open the door to a new stage of your life that is rich in opportunity. However, it can be a daunting prospect. If you are embarking on a new chapter of life, the thought of shedding familiar possessions can feel even more stressful. This can be true even if the life changes are a good thing, such as a move to somewhere you will love to live.
Once you understand why you have this feeling, you can reframe it as creating a new environment that will support your present life while reminding you of your best experiences.
Click read more for the full article.
Minimalist Design in Apartment Living
Ryman’s Charles Upham Retirement Village resident Di is a former fashion designer, artist and self-confessed shoe hoarder who travels, still paints and has stamped her eclectic minimalist style on her apartment.
She gives us her top 3 design tips on how she’s turned her space into a beautiful home.
Hi, what's your name?
We want to get to know our neighbours and we think you do too!
Simply share a little about yourself on the Know Thy Neighbour page and others will follow suit (you could also win one of our 10 x $50 Prezzy® cards!).
Are you the go-to person for baking advice (and a cup of sugar!) or have some computer skills that you're happy to share? We'd love to know.
Whether you're looking for others to join you on your walks, or just wanting to know more about your neighbours, go ahead and introduce yourself.
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