Land: 809m²
Zone: REDT
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Newnham Tce is a well-known student apartment street in Christchurch. A quick look at its surroundings makes it easy to understand why we designed and built four 6-bedroom, 6-bathroom single apartments for our clients.
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Incredibly convenient, located just behind a large shopping mall and only a 5-minute walk to an Asian food center. It’s surrounded by various food and dining options, perfect for single living. Additionally, a 2-minute walk will take you to banks, a post office, bus stops, and more.
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Just a 5-minute walk to the University of Canterbury, making it truly international.
On this 809m² piece of land, we designed and built four two-story single apartments. Each has a building area of 130m², featuring 6 bedrooms and 6 bathrooms. This design maximizes functional space and investment returns, which is the core value our company offers to clients.
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Rental return ratio is 9% (The design of 6-bedroom, 6-bathroom single apartments is highly sought after by university students or professionals, with an occupancy rate close to 100%. After completion, each unit can be rented for $1,250 per week, total $5,000 per week for all four units.)
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If sold, the gross profit is no less than 20%.
