7 Wainuiomata Road in Lower Hutt

Name: Sales in 7 Wainuiomata Road started!
Start: 2022-08-25T07:48:28.234933+00:00
End: 2023-12-31T23:59:59+0000
Location: 7 Wainuiomata Road

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Property for sale in 7 Wainuiomata Road — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 21831

Finished at	December 2022
Price, m²	From 8925$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 66.00 m²
Floors	2
Apartments	9
Condition	Black walls
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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

589,050$

Net profit

7,813$

Payback period

58.3 years

Avg property value increase per year

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Promos and discounts for 7 Wainuiomata Road

About the project

Located right in the centre of Wainui this 9 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.

Wainuiomata has been absolutely booming and property there is now in high demand. Lots of first home buyers and families have been moving into the area over the last few years and we expect to see significant development of local commercial and recreational amenities to cater for the new demand.

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.