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Central Park in Gdansk

Name: Sales in Central Park started!
Start: 2019-12-05T08:47:27.782218+00:00
End: 2023-12-31T23:59:59+0000
Location: Central Park

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Project info

Object ID: 2096

Finished at	December 2021
Price, m²	From 2300$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 39.00 m²
Floors	17
Apartments	352
Condition	Black walls
Ceiling height	2.80 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
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		193		8078$
Average		52%		37$

Total invested

89,700$

Net profit

5,883$

Payback period

11.1 years

Avg property value increase per year

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About the project

About investment

The Central Park estate is a multi-family housing estate which is being implemented in stages in the central part of Gdańsk.

Location

The estate is located on Rakoczego Street, within the Piecki-Migowo district, between the districts of Brętowo, Wrzeszcz Górny, Suchanino, Siedlce, Ujeścisko-Łostowice and Jasień. Residents of the area have access to numerous educational institutions and a developed service, transport and recreation infrastructure.

The vicinity of the investment

There are pharmacies, hospitals, veterinary surgeries, private doctor's offices, cafes, pizzerias, restaurants and gas stations in the area. The nearest supermarkets are Biedronka (350 m), Lidl (750 m), Żabka (1400 m), Carrefour (1600 m). To the Galeria Morena shopping center - 1.7 kilometers. To the Polish Post office - 700 meters.

There are several educational institutions in the immediate vicinity of the estate, such as Kindergarten No. 74 (230 m), Wesoła Wyspa Kindergarten (450 m), Primary School No. 2 (500 m), Primary and Middle School Complex No. 21 (500 m), Secondary School No. General education them. Zbigniew Herbert (650 m). There are several playgrounds and sports fields within 1000 meters, including a soccer field.

Architecture

The investment includes eight 17-story buildings, erected in a modern style. The buildings are minimalistic and simple in form. The façade was kept in light shades, in white and gray colors.

The infrastructure of the estate

The estate has a fenced, monitored and guarded area. There is a playground for children and a courtyard for residents. There are parking spaces in a two-level underground car park. The buildings are equipped with elevators, and there are retail and service outlets on the ground floor.

Communication

The investment is well situated in terms of access to public transport. Near the estate there is a bus stop for lines 131, 184, 210, 227, 283, N6. Within 400 meters - the Warneńska tram stop (tram No. 10 and No. 12). The distance to the Gdańsk-Brętowo PKM station is 800 meters.

About apartments

The investment includes flats ranging in size from 44 to 160 square meters and a layout of one to six rooms. All apartments have balconies or terraces. Apartment finishing packages are available.

Developer

During over 30 years of its existence, Grupa Inwestycyjna Hossa has completed over 40 projects, including residential, office, retail and se…
Details about Hossa