Neo Appartments in Auckland

Name: Sales in Neo Appartments started!
Start: 2022-08-22T07:36:56.708563+00:00
End: 2023-12-31T23:59:59+0000
Location: Neo Appartments

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

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Project info

Object ID: 21811

Finished at	April 2023
Price, m²	From 10955$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

492,975$

Net profit

6,783$

Payback period

54.6 years

Avg property value increase per year

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About the project

Neo sits one block north of Khyber Pass Road across from Saint David’s Church in a pocket of new residential development. It looks north across the city centre towards the Waitemata Harbour and Hauraki Gulf.

It is located at the intersection of Auckland’s top suburbs – Kingsland, Mt Eden, Newmarket and Parnell – and within walking distance of the CBD. In every direction, it is surrounded by Auckland’s best amenities, activities, and attractions.

You will find Neo to be amazing value for such high-quality, architecturally-designed apartments in the heart of Auckland city. They are the perfect first home or investment property.