9 Chatham Street in Christchurch

Name: Sales in 9 Chatham Street started!
Start: 2022-08-29T10:28:03.016685+00:00
End: 2023-12-31T23:59:59+0000
Location: 9 Chatham Street

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Property for sale in 9 Chatham Street — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 21856

Finished at	November 2022
Price, m²	From 3640$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 180.00 m²
Floors	2
Apartments	5
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

655,200$

Net profit

9,376$

Payback period

55.7 years

Avg property value increase per year

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Promos and discounts for 9 Chatham Street

About the project

9 Chatham Street consists of 5 architecturally designed freehold town houses within proximity to both the City Centre, Addington shops and Hagley Park.

For families, there are several Christchurch schools within zone of this development, including Addington School & Wharenui School.

Within proximity is the City Centre for all your entertainment and amenities at your convenience. Less than a 10 minute walk to the popular Town Tonic are Addington Coffee Co-op and only a 5 minute drive to Westfield Riccarton Mall which offers a supermarket and a wide selection of retail stores, and with Hagley Park less than 1.5km away you can enjoy your sports and activities right from your doorstep.

This centrally located development would suit many buyers with its close proximity to the city, parks, schools and shops & cafes.

All units come complete with an extensive chattels list including a 5kw Heat Pump with wi-fi control.

Developer

Boutique Living specialises in architecturally designed residential units with a point of difference. Each of our developments go through a…
Details about BOUTIQUE PROPERTY