33 Sladden Street in Lower Hutt

Name: Sales in 33 Sladden Street started!
Start: 2022-08-25T10:20:26.499451+00:00
End: 2023-12-31T23:59:59+0000
Location: 33 Sladden Street

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Project info

Object ID: 21833

Finished at	September 2022
Price, m²	From 8770$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 74.00 m²
Floors	2
Apartments	19
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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

648,980$

Net profit

8,283$

Payback period

61.2 years

Avg property value increase per year

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About the project

Located right in the heart of Naenae this 19 townhouse development has all amenities right at its doorstep. Local shopping village, super market, are all just down the street so everything you need is right at your doorstep.

Naenae has become one of the most sought after suburbs in Lower Hutt with lots of first home buyers and families moving into the area. Bus and train station, local shopping village, cafes, bakery and convenience store are all just around the corner so everything you need is right at your doorstep.

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.