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.
Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
What has a head but no brain?
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
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Want a Cosier Christmas Night? Neighbours, Read This
Hey neighbours,
Quick question - have you given your bedroom a little Christmas love yet?
If not, you’re going to love this! We’ve put together some easy, feel-good DIY ideas to help turn your bedroom into a cozy Christmas retreat - think festive bedding, twinkling lights, handmade pillows, and warm holiday scents. Simple touches, big Christmas vibes.
Get inspired here:
beds4u.co.nz...
And while you’re getting into the Christmas spirit, our Boxing Day sale is still ON - a great excuse to upgrade your bed and enjoy better sleep heading into the new year.
Find your nearest Beds4U store:
beds4u.co.nz...
Or browse all Boxing Day deals:
beds4u.co.nz...
Don’t wait, neighbours - cozy nights and great deals don’t stick around for long!
Poll: Are Kiwis allergic to “exuberance”? 🥝
In The Post’s opinion piece on the developments set to open across Aotearoa in 2026, John Coop suggests that, as a nation, we’re “allergic to exuberance.”
We want to know: Are we really allergic to showing our excitement?
Is it time to lean into a more optimistic view of the place we call home? As big projects take shape and new opportunities emerge, perhaps it’s worth asking whether a little more confidence (and enthusiasm!) could do us some good.
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40.5% Yes
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34.4% Maybe?
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25.1% No
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