35 Selwyn Street in Tauranga

Name: 35 Selwyn Street
Brand: Williams Corporation
SKU: 21872
Availability: InStock

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Project info

Object ID: 21872

Finished at	September 2022
Price, m²	From 11700$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 98.30 m²
Floors	2
Apartments	6
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

1,146,600$

Net profit

9,376$

Payback period

97.5 years

Avg property value increase per year

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About the project

Located on 35 Selwyn Street, these Townhouses are close to Tauranga CBD, University of Waikato-Tauranga Campus, and Tauranga Sports Club, and a vast array of other amenities. It is with no doubt that finding new homes at an affordable price point is only going to get increasingly harder as the City’s population grows.

Developer

Williams Corporation was founded by Matthew William Horncastle and Blair William Chappell in 2012. The duo were friends growing up. However,…
Details about Williams Corporation