Park George Phase II in Surrey

Name: Sales in Park George Phase II started!
Start: 2020-09-25T07:14:37.941077+00:00
End: 2023-12-31T23:59:59+0000
Location: Park George Phase II

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Project info

Object ID: 9522

Finished at	March 2023
Price, m²	From 7400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 49.00 m²
Floors	39
Apartments	337
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

362,600$

Net profit

6,783$

Payback period

40.2 years

Avg property value increase per year

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Promos and discounts for Park George Phase II

About the project

Park George, the final phase of Concord Pacific’s Park Place community, features high tech residential amenities unique to Surrey city centre. Located in close proximity to transit, parks, shopping and urban conveniences, discover the exquisite offerings of Park George. As the final component of Park Place, Park George Phase I and II with its 39- and 36-storey towers fulfills a distinct need in Surrey City Centre.

Developer

The Concord Group of Companies success has continued with Canada’s largest skyline defining communities, Concord Pacific Place in Vancouver …
Details about Concord Pacific