Fifteen88 in Victoria

Name: Sales in Fifteen88 started!
Start: 2020-11-19T11:20:45.570342+00:00
End: 2023-12-31T23:59:59+0000
Location: Fifteen88

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Property for sale in Fifteen88 — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 10311

Finished at	December 2020
Price, m²	From 6485$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.00 m²
Floors	4
Apartments	62
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

343,705$

Net profit

7,229$

Payback period

36.2 years

Avg property value increase per year

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About the project

With its striking architecture, contemporary living spaces and close access to everything you love about Victoria, Fifteen88 combines the great outdoors with the great indoors to create a collection of one and two bedroom homes that are anything but ordinary.

Perfectly positioned in the vibrant Cedar Hill neighbourhood, surrounded by lush natural spaces and steps to everyday amenities, Fifteen88 is the new destination for sophisticated living in Victoria.

Developer

Our meticulous, time-tested development process spans years – from the initial concept through to completion – and is driven by personal eng…
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