Riverlight in Brisbane

Name: Riverlight
Brand: Riverlight
SKU: 12855
Availability: InStock

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Project info

Object ID: 12855

Finished at	July 2021
Price, m²	From 10560$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	10
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

422,400$

Net profit

5,883$

Payback period

52.3 years

Avg property value increase per year

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About the project

Choose from 1, 2 and 3 bedroom residences where no expense has been spared in the high-end finishes incorporated throughout. From reconstituted stone benchtops, Bosch appliances and air-conditioning to ample storage, study areas and floor to ceiling double glazed glass. European Villeroy and Boch tapware is fitted in each apartment and the open plan designs flow onto furnishable balconies and allow that ultimate Queensland lifestyle.