191 England Street in Christchurch

Name: Sales in 191 England Street started!
Start: 2022-08-18T10:53:28.517241+00:00
End: 2023-12-31T23:59:59+0000
Location: 191 England Street

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Project info

Object ID: 21704

Finished at	December 2022
Price, m²	From 3975$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 161.00 m²
Floors	2
Apartments	8
Condition	Turnkey
Construction type	Monolyth
Security	—
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

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

639,975$

Net profit

9,376$

Payback period

54.4 years

Avg property value increase per year

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Promos and discounts for 191 England Street

About the project

Inside, you’ll find an incredibly well-designed open-plan kitchen and living area with a practical one-wall kitchen layout to maximise the space while providing ample preparation and storage space. The kitchen features quality finishes such as soft close drawers, designer hardware and Fisher & Paykel stainless steel appliances.

With a sunny courtyard off the living room in every house, you will be able to relax in your landscaped garden and paved area after a busy day! You will also find laundry facilities tucked under the stairs on this level.

Upstairs, you will find two bedrooms. The master with an ensuite, and the main bathroom with access via the hallway. These trendy bathrooms feature chrome finish tapware, eco flush toilets and wall hung vanities which creates a sense of spaciousness.

All townhouses are fitted with a heat pump, Fisher & Paykel appliances as well as blinds throughout. This truly is a turnkey property, ready to be lived in on completion.

Developer

Wolfbrook Residential was formed in 2020 for the purpose of building high-quality developments across New Zealand. The Directors have spent …
Details about Wolfbrook Residential