Some features on this website may not be viewable as your browser is out of date and no longer supported.
Please consider an upgrade to a modern browser to enjoy all parts of this website.

$265,000 Car Park in Quay Street

Posted by Impression on 26, Jan 2018

A single car parking space at 148 Quay Street in the CBD has sold for a whopping $265,000.

You can see a photo of this extremely underwhelming property here. The sale price was the equivalent of a mid-priced Southland home, but a whole lot closer to Britomart. Overseas it’s common for car parks in busy cities to be a hot commodity, so this trend could be coming to Auckland in 2018. If you own an apartment with a car park in the central city, it may be worth getting the park appraised; you could sell it for a quick cash injection. Or if you’re feeling bold, investing in central city car parks could be a strategy for the future.

© 2018 Impression Real Estate Limited - Licensed Real Estate Agent (REAA 2008)