7 Lindores Street in Christchurch

Name: Sales in 7 Lindores Street started!
Start: 2022-08-19T08:32:24.010848+00:00
End: 2023-12-31T23:59:59+0000
Location: 7 Lindores Street

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Project info

Object ID: 21712

Finished at	October 2022
Price, m²	From 4560$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 139.00 m²
Floors	2
Apartments	18
Condition	Turnkey
Construction type	Monolyth
Security	CCTV
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

633,840$

Net profit

9,376$

Payback period

53.9 years

Avg property value increase per year

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Promos and discounts for 7 Lindores Street

About the project

As you turn off Lindores Street into the development you’ll notice the unique exterior of these two-story townhouses, with vertical cedar cladding and a distinctive roofline, all complemented by the community landscaping.

All townhouses come with an off-street car park, and for your bike, there is a secure lock-up.

As you enter the property you’ll be greeted with a relaxed living and dining area. The open plan kitchen features quality stainless steel appliances and modern finishes such as a Prime Stone benchtop, soft close drawers, and Melamine cabinetry. The laundry facilities are discreetly tucked away in the kitchen.

The living area opens out to what is a truly easy-care alfresco space where you’ll celebrate warm summer nights with family and friends. There is also a handily located guest toilet on this level.

As you head upstairs, you’ll find the linen cupboard for additional storage, the comfortable bedrooms, both with in-built wardrobes and the stylish bathroom featuring a fully tiled shower for easy cleaning.

All townhouses are fitted with a keyless front door system, a heat pump, Samsung appliances as well as blinds throughout, which makes this a truly 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