109 Warrington Street in Christchurch

Name: Sales in 109 Warrington Street started!
Start: 2022-09-01T06:32:22.127324+00:00
End: 2023-12-31T23:59:59+0000
Location: 109 Warrington Street

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Project info

Object ID: 21874

Finished at	December 2022
Price, m²	From 5100$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 129.00 m²
Floors	2
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

657,900$

Net profit

9,376$

Payback period

56.0 years

Avg property value increase per year

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About the project

109 Warrington Street consists of 5 architecturally designed freehold town houses within proximity to both the City Centre, Merivale shops and St Albans Park.

The designer kitchens are complete with engineered stone benchtops, breakfast bar and all new modern appliances.

For families, there are several Christchurch schools within zone of this development, including Middleton Grange School and Marian Collage and Shirley Intermediate School.

Less than a 10 minute drive to the City Centre for entertainment and amenities at your convenience, Merivale Mall which has a Fresh Choice supermarket only a stones throw away, provides you with all the essentials right at your doorstep and your weekend activities are easily accessed with only a short minutes walk to St Albans park, or less than a 10 minutes drive to the Christchurch Golf Club.

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

Developer

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