HYDE LANE in Wellington

Name: Sales in HYDE LANE started!
Start: 2022-08-26T10:19:04.564984+00:00
End: 2023-12-31T23:59:59+0000
Location: HYDE LANE

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Project info

Object ID: 21840

Finished at	December 2023
Price, m²	From 20270$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 30.00 m²
Floors	13
Apartments	13
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Pool 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

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

608,100$

Net profit

5,906$

Payback period

75.0 years

Avg property value increase per year

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About the project

Elevated above the rest, Hyde Lane offers unparalleled views of Wellington Harbour and City. Nestled in among Courtenay Place, the architecturally designed high-rise draws inspiration from its surroundings. Thoughtfully considered apartments with enduring appeal for both owner-occupiers and investors.

Whether you’ve been on the hunt for an inner-city pad or a luxurious penthouse – Hyde Lane has a range of off-the-plan layouts designed with you in mind. Centrally located there is plenty to discover on your doorstep.

Design-led floor plans are positioned to take advantage of both harbour and city views. Each apartment has an enhanced indoor/outdoor connection either by a standard or Juliette style balcony, maximising sunlight, and fresh air.

On the ground floor, multiple commercial tenancies are set to activate the laneway. The private residents’ wellness retreat boasts an indoor pool, sauna, and gymnasium overlooking a garden terrace – the perfect place to unwind.

Well set back from the street frontage, Hyde Lane gives you both visual and acoustic privacy. A laneway connects you directly to Courtenay Place and its myriad offerings.