The Yates on Yates in Victoria

Name: Sales in The Yates on Yates started!
Start: 2020-11-06T12:59:04.603204+00:00
End: 2023-12-31T23:59:59+0000
Location: The Yates on Yates

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Construction

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Project info

Object ID: 10260

Finished at	December 2020
Price, m²	From 6900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 82.00 m²
Floors	21
Apartments	126
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

565,800$

Net profit

9,376$

Payback period

48.1 years

Avg property value increase per year

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About the project

The Yates on Yates offers a full and complete urban lifestyle for any and all that share the desire to live the best life that downtown Victoria has to offer. Everything that you need and desire at your doorstep. Now under construction, The Yates on Yates puts you at the centre of it all with spectacular city, mountain and water views.