Tahuna in Auckland

Name: Sales in Tahuna started!
Start: 2022-08-25T06:57:17.911208+00:00
End: 2023-12-31T23:59:59+0000
Location: Tahuna

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Project info

Object ID: 21829

Finished at	December 2022
Price, m²	From 12015$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 72.00 m²
Floors	2
Apartments	8
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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

865,080$

Net profit

8,283$

Payback period

81.6 years

Avg property value increase per year

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About the project

Inspired by the landscape and the history of the land, Tāhuna is a brand-new boutique development located in the heart of Glen Innes consisting of eight 1- and 2-bedroom contemporary townhouses.

These freehold, fee-simple title homes offer residents a unique natural environment to explore and enjoy in a thriving and evolving part of Auckland City.

Whether you’re looking for an astute investment or a first home, these thoughtfully designed, low maintenance “lock-up and leave” residences tick all the boxes.

All consents have been issued for this project and construction is currently underway. The estimated completion is Q4 2022.

Developer

At Lighthouse Group, our vision has long been to deliver residential communities that are a cut above what’s offered in New Zealand’s evolvi…
Details about Lighthouse Group