21 Linwood Avenue in Christchurch

Name: Sales in 21 Linwood Avenue started!
Start: 2022-08-19T10:06:04.993890+00:00
End: 2023-12-31T23:59:59+0000
Location: 21 Linwood Avenue

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Project info

Object ID: 21713

Finished at	December 2022
Price, m²	From 4220$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 149.00 m²
Floors	2
Apartments	16
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

628,780$

Net profit

9,376$

Payback period

53.5 years

Avg property value increase per year

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Promos and discounts for 21 Linwood Avenue

About the project

As you drive down Linwood Avenue, you’ll catch a glimpse of this impressive development that has been designed with a timeless aesthetic that complements the surrounding neighbourhood.

Inside the 2-bedroom townhouses you’re greeted with a light filled kitchen and living area. The designer kitchens feature quality Samsung appliances and modern finishes. Units 1-5 have a galley style kitchen with additional display shelving, and units 6-9 have a kitchen island with a handily located washer dryer combo and a tucked away study nook. This is perfect for those working or studying at home.

The living area has sliding doors that creates an indoor-outdoor flow to your private courtyard where you can enjoy alfresco dining. There is also a handily located guest toilet on this level in all units.

Upstairs are the two bedrooms which both include built-in wardrobes, additional cupboards for storage, and the stylish bathroom that features a fully tiled shower for easy cleaning, and a floating vanity which creates a sense of spaciousness. In units 1-5 the laundry facilities are also on this level.

Inside the 3-bedroom units you’ll find the open plan kitchen and living area, the first bedroom with an ensuite which is perfect for guests or families, and a handily located guest toilet on this level. The living area also seamlessly opens out to a private sunny courtyard with a timber deck.

Upstairs are the remaining 2 bedrooms that both include built-in wardrobes, and the stylish main bathroom featuring a frameless glass tiled shower. Additional storage and the laundry facilities are also on this level.

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