City Rail Link a plus for nearby Auckland property values

Oliver Lewis
Mon, 20 Jun 2022

City Rail Link a plus for nearby Auckland property values
A converted residential tower as seen from the new Te Wai Horotiu station. (Image: Oliver Lewis)
Oliver Lewis
Mon, 20 Jun 2022
Aucklanders who own property near City Rail Link (CRL) stations should expect an increase in their property values.The value uplift associated with increased amenity will also help the massive project recoup some of its costs. Why?Because of all the developable land held by City Rail Link Limited (CRLL), a company jointly owned by the crown and Auckland council, around the future stations.Between 2012 and 2017, the Auckland council acquired about 3.9 hectares (ha) at Mt Eden needed for Maungawhau station, and 0.27ha around the Karanga a Hape st...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

More work on Onslow gets green light from ministers
Ian Llewellyn | Thu, 07 Jul 2022

Cabinet gives green light to more Onslow pumped hydro project, narrows down alternative options on solving the dry year problem.

Homebuyers: the bank is still watching your spending
Frances Cook | Thu, 07 Jul 2022

The sillier parts of the CCCFA are gone, but banks still need to make sure you can afford a loan, so they’re going to go through your income and expenses. 

Law & Regulation
Lego, Zuru to head to trial over use of trademark
Ben Moore | Thu, 07 Jul 2022

The two toy titans have clashed over Zuru’s use of the Lego trademark on statements of compatibility on its packaging.

How can Kiwi small business owners manage rising inflation?

Xero MD Craig Hudson says small businesses have been hit with a triple whammy.

Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges