5 Dyer Street in Lower Hutt

Name: Sales in 5 Dyer Street started!
Start: 2022-08-25T07:21:19.463513+00:00
End: 2023-12-31T23:59:59+0000
Location: 5 Dyer Street

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Project info

Object ID: 21830

Finished at	December 2022
Price, m²	From 6190$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 121.00 m²
Floors	2
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

748,990$

Net profit

9,376$

Payback period

63.7 years

Avg property value increase per year

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About the project

5 Dyer Street is in Epuni, within the heart of Lower Hutt. Local kindergartens, playgrounds, daycare, schools, medical centres, sports fields and cafes are just around the corner, with easy access to central Lower Hutt and the motorway in less than 10 minutes.

Every townhouse we build has been thoughtfully designed to maximise natural light, privacy and use of space. As you step inside it's what you won't see that makes the biggest difference, like the cozy feeling you get from the above-code insulation, double glazed windows, and the sound separation created by the intertenancy wall system. All the materials, fittings and appliances are from reputable suppliers to give you peace of mind and provide a robust home that will stand the test of time.