69 Wychbury Street in Christchurch

Name: Sales in 69 Wychbury Street started!
Start: 2022-08-29T10:06:48.545327+00:00
End: 2023-12-31T23:59:59+0000
Location: 69 Wychbury Street

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Project info

Object ID: 21855

Finished at	December 2022
Price, m²	From 6120$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 11.00 m²
Floors	2
Apartments	5
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

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

67,320$

Net profit

5,906$

Payback period

8.3 years

Avg property value increase per year

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Promos and discounts for 69 Wychbury Street

About the project

69 Wychbury Street consists of 5 architecturally designed freehold town houses within proximity to the Barrington Mall, Addington shops & Barrington 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 West Spreydon school, Addington school and Hillmorton High school. Within walking distance to Barrington mall offering a Fresh Choice supermarket, Gym, Post office and various retail shops, all the essentials right at your doorstep. Only a short drive to the CBD or Addington Events Centre, shops and The Court Theatre. This provides all your entertainment and amenities with convenience. Easily access your weekend activities with Hagley Park only a short 10 minutes drive away or 3 minutes drive to Pioneer Recreation & Sport Centre.

This centrally located development would suit many buyers with its proximity to Hagley park, the CBD & school zoning.

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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