DUAL KEY APARTMENT in Wellington

Name: Sales in DUAL KEY APARTMENT started!
Start: 2022-08-26T10:49:50.696141+00:00
End: 2023-12-31T23:59:59+0000
Location: DUAL KEY APARTMENT

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Project info

Object ID: 21842

Finished at	December 2022
Price, m²	From 12105$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 76.00 m²
Floors	10
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Commercial area 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

919,980$

Net profit

8,283$

Payback period

86.7 years

Avg property value increase per year

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Promos and discounts for DUAL KEY APARTMENT

About the project

New dual key apartments offering a 5.9% gross yield.

The Victoria at 120 Victoria Street is a superb location, by Gibbons Co, one of Wellington’s most respected developers and renowned architects Designgroup Stapleton Elliott.

The CBD at your doorstep and access to public transport is effortless. You can walk to work and choose from a multitude of cafes and, eateries. Wellington’s beautiful waterfront, Cuba Street and the lively nightlife spots are all just a short stroll from your door. Easy access to supermarkets and a wide range of amenities.

Finally, an opportunity has arisen to get into the Wellington CBD market at an accessible price level.

Note: Please take all reasonable Covid precautions. Tommy’s will be scanning your My Vaccine Pass, alternatively please contact the agent for a private viewing.