THE GREENHOUSE in Auckland

Name: Sales in THE GREENHOUSE started!
Start: 2022-08-26T11:33:15.295396+00:00
End: 2023-12-31T23:59:59+0000
Location: THE GREENHOUSE

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Project info

Object ID: 21843

Finished at	August 2023
Price, m²	From 19770$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 43.00 m²
Floors	9
Apartments	101
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	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

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

850,110$

Net profit

6,783$

Payback period

94.2 years

Avg property value increase per year

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About the project

A bold development that will both fit in and stand out, The Greenhouse is a once-in-a-lifetime project for Ockham Residential. Named for the 150,000 iridescent, green-glazed bricks which adorn its walls – inspired by the landscapes of Tāmaki Makaurau – The Greenhouse will be a landmark on the Ponsonby skyline. “It’s a privilege to bring this new community to Auckland’s most irresistible neighbourhood,” says Ockham’s Mark Todd. “Our ambition is to build one of Auckland's most beloved buildings.”

It starts with that glazed brick which changes colour a thousand times a day. Under morning sun, it’s a gleaming emerald-green, like a summer walk to Karekare Falls, but as the day unfolds it’ll shift to forest-green, then dark olive, then almost to black – the colour of a midwinter slog through Great Barrier bush. There are glimmers of Whatipū greys, fleeting moments of Waiheke navy and indigo...