Tauranga in Tauranga

Name: Sales in Tauranga started!
Start: 2022-08-17T11:31:51.032365+00:00
End: 2023-12-31T23:59:59+0000
Location: Tauranga

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

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Project info

Object ID: 21695

Finished at	December 2022
Price, m²	From 4360$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 181.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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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

789,160$

Net profit

9,376$

Payback period

67.1 years

Avg property value increase per year

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About the project

Wolfbrook Residential is excited to bring our architecturally designed homes to Tauranga with the release of seven premium townhouses.

This beautiful new development on 17th Avenue in Tauranga is comprised of seven architecturally designed 2-bedroom townhouses, all with off-street carparking.

The 2-bedroom homes are laid out across two levels. On the ground floor you will find a generous kitchen with a U-shaped or Island style kitchen allowing maximum dining and storage space. The kitchen is designed with Prime Stone bench tops and Samsung appliances for long lasting finishes. There is also a handily located guest toilet on this level. The open plan space continues to a cosy living area, which flows to a sunny courtyard, landscaped with a timber deck to enjoy your morning cuppa or after-work beverage.

Upstairs, you will find two double bedrooms both with built-in wardrobes. Also, upstairs is the main bathroom with tiled showers and a stylish floating vanity.

All townhouses are fitted with a keyless front door system, a heat pump, a washer/dryer, Samsung appliances as well as blinds throughout, which makes this a truly turnkey property, ready to be lived in on completion.

Developer

Wolfbrook Residential was formed in 2020 for the purpose of building high-quality developments across New Zealand. The Directors have spent …
Details about Wolfbrook Residential