28 Lindsay Street in Christchurch

Name: Sales in 28 Lindsay Street started!
Start: 2022-08-29T12:11:23.518663+00:00
End: 2023-12-31T23:59:59+0000
Location: 28 Lindsay Street

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Project info

Object ID: 21860

Finished at	December 2022
Price, m²	From 5800$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 112.00 m²
Floors	2
Apartments	4
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

649,600$

Net profit

9,376$

Payback period

55.3 years

Avg property value increase per year

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About the project

The team at Rosefern Homes are proud to introduce four new townhouses at28 Lindsay Street, Saint Albans

Carefully considered and skilfully designed these townhouses represent what it means when quality and location join hands. Made with the combination of desirable permanent materials and well designed interior features these houses will be the envy of the street.