Westbay Quay in Victoria

Name: Sales in Westbay Quay started!
Start: 2020-11-20T08:20:14.223763+00:00
End: 2023-12-31T23:59:59+0000
Location: Westbay Quay

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

Property for sale in Westbay Quay — look at the real estate search engine GEOLN.COM. Photo 2

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Project info

Object ID: 10330

Finished at	December 2020
Price, m²	From 5750$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.00 m²
Floors	6
Apartments	85
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

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

304,750$

Net profit

7,229$

Payback period

32.1 years

Avg property value increase per year

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Promos and discounts for Westbay Quay

About the project

Westbay Quay features a compelling collection of 85 condominium homes and progressive commercial spaces designed to vigorously incorporate the waterfront into the broader life of the community. Residents will enjoy 15,000 square feet of planted pathways and landscaped green spaces and convenient access to the Head Street retail district - fully outfitted with organic cafes and full service patios for al fresco dining.