Kauri Residences in Auckland

Name: Sales in Kauri Residences started!
Start: 2022-08-29T07:17:41.274433+00:00
End: 2023-12-31T23:59:59+0000
Location: Kauri Residences

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Project info

Object ID: 21853

Finished at	March 2023
Price, m²	From 15000$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	6
Apartments	53
Condition	Renovated
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Commercial area Kids playground Near school Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,350,000$

Net profit

9,376$

Payback period

114.8 years

Avg property value increase per year

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About the project

Kauri Residences is a boutique collection of 53 beautifully appointed residences that will set a new benchmark for luxury apartment living in Browns Bay on Auckland's North Shore.

Showcasing captivating design and innovative architecture that is perfectly suited to its incredible location, Kauri Residences presents the perfect lock-up-and-leave option for discerning purchasers who covet a beachside lifestyle.

With its coveted position so close to Browns Bay beach and the village, residents will have the ideal combination of lifestyle and convenience living at Kauri Residences.

Start the day with the sand between your toes, followed by an espresso at one of the friendly neighbourhood cafés you'll pass on the short walk home. As the day closes, step onto your deck with a glass of wine and feel the coastal breeze on your face.