Car park

With the number of car parking spaces in Melbourne’s inner city continuing to dwindle, the sale of more than 500 of them below an office complex on St Kilda Rd is set to spark investor interest.

Southbank’s green future has been showcased in plans for a 3700sqm park beneath a new development comprising six apartment towers.

Darwin Airport is considering building a multi-level car park to deal with a growth in customers using the facility.

The consortium developing Brisbane’s Queens Wharf casino precinct has bolstered its foothold close to the high-profile project by purchasing a nine-storey car park for $45 million. This story originally appeared on theaustralian.com.au/property.