S72 in Oslo

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Project info

Object ID: 17581

Finished at	September 2016
Price, m²	From 6500$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 70.00 m²
Floors	6
Apartments	74
Building phase	Completed
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

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

455,000$

Net profit

7,813$

Payback period

45.0 years

Avg property value increase per year

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About the project

Sandakerveien 72, between Nydalen and Torshov, you live centrally in the city and have easy access to most public transport. In the housing project S72, 74 beautiful freehold apartments have been built, divided into two building bodies. The property is located in a block bordering Treschows gate, Lillogata and Sandakerveien. The surrounding buildings are homes in the north, east and west, while in the south there are office space.

In the development of S72, we have sought to distance ourselves from the area's other housing projects. The apartments have a very good standard and water-borne underfloor heating. There is a communal garage with elevator to all apartment floors. In the basement there is also a sports store for each apartment (some of the apartments on the ground floor of house BCÂ have their sports store by their private garden area).

The architecture speaks for itself and the apartments will benefit from good ceiling height, and the large window areas will create a great atmosphere in the living zones. Each apartment has its own spacious balcony, terrace and garden or private roof garden. To break up the facades and at the same time create variations and playfulness, the architects have designed many different window formats and shifted the balconies in relation to each other. The balconies do not have right angles and are built in glass with foil. These will give exciting mirror reflections in the facade.

It is a great communal park that invites to use all year round. A four-storey high continuous opening in one building lets in a lot of daylight from the south and integrates the property with the surroundings in an elegant way.

Developer

We are Solon Eiendom ASA, a property developer who is committed to delivering homes with unique architecture and very high quality. Through …
Details about Solon Eiendom