AUGUSTUS PARK PARNELL in Auckland

Name: Sales in AUGUSTUS PARK PARNELL started!
Start: 2022-08-22T07:11:31.433831+00:00
End: 2023-12-31T23:59:59+0000
Location: AUGUSTUS PARK PARNELL

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Project info

Object ID: 21810

Finished at	August 2023
Price, m²	From 11875$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	8
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking 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

475,000$

Net profit

5,883$

Payback period

58.8 years

Avg property value increase per year

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About the project

Augustus Park delivers a life in harmony, with all the energy and excitement of living at the edge of the CBD, with the sophisticated charm and reprieve that Parnell living provides.

Within the enviable double grammar zone and a short walk to Auckland University and the CBD, Augustus Park is well placed for those seeking academic excellence or simply looking to reduce the time spent in traffic on their daily commute.

With Fine-dining restaurants and trendy cafes, mixed in amongst boutique retail and funky art galleries, there’s always an excuse to venture out and experience the very best that Auckland has to offer, right on your doorstep.

Developer

Our story begins back in the mid-nineties, when Robert Neil and Stephen Taylor (two licensed builders) joined forces to form Safari Group. H…
Details about Safari Group