23 Awaroa Road in Auckland

Name: 23 Awaroa Road
Brand: Williams Corporation
SKU: 21815
Availability: InStock

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Project info

Object ID: 21815

Finished at	August 2022
Price, m²	From 11495$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 56.11 m²
Floors	2
Apartments	12
Condition	Turnkey
Construction type	Monolyth
Security	CCTV
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

643,720$

Net profit

7,229$

Payback period

67.8 years

Avg property value increase per year

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About the project

Located at 23 Awaroa Road, these Townhouses are perfectly positioned for access to trains, buses, and motorway connections. They are also a short drive to one of Auckland’s largest shopping centres, West City Mall. It is no doubt that finding new homes at an affordable price point is only going to get increasingly harder as the City’s population grows.

Developer

Williams Corporation was founded by Matthew William Horncastle and Blair William Chappell in 2012. The duo were friends growing up. However,…
Details about Williams Corporation