Case Studies
Colwill Road, Auckland
4.82% gross yield
Case Studies
1 min read
Freeland Avenue, Auckland
4.35% gross yield
Here’s an example of a development I recently recommended to investors. It’s in Mt Roskill, Auckland.
Please note that this property is not currently available and has already been recommended to an investor. The statistics provided were accurate at that time, but may now be outdated.
#1 – $230,000 cheaper than comparable properties
The most crucial factor when investing is price. This unit, priced at $895,000, is competitively placed in the market.Â
Comparable properties in the area range from $895,000 to $1,125,000, making some up to $230,000 more expensive.Â
However, this property stands out with a larger section than other new builds and includes a car park, which some more expensive options lack.Â
#2 – It has an estimated return on investment of 364%
When it comes to property investment, understanding the cash flow and return on investment is essential for long-term viability.
Cashflow
By current forecasts, an investor would need to top up 25 Freeland Ave by $500 a week in the first year, likely to decrease as interest rates fall and rents rise.Â
The projected cash flow is about $298 per week better than comparable properties.
Freeland Avenue has an estimated return on investment of 364%.
This means for every dollar you invest, you’ll get an estimated $3.64 back (as well as your initial investment).
For every dollar you put into:
- 25 Freeland Avenue you get an estimated $3.05 back
- Carrington Road you get an estimated $2.72 back
Andrew Nicol
Managing Director, 20+ Years' Experience Investing In Property, Author & Host
Andrew Nicol, Managing Director at Opes Partners, is a seasoned financial adviser and property investment expert with 20+ years of experience. With 40 investment properties, he hosts the Property Academy Podcast, co-authored 'Wealth Plan' with Ed Mcknight, and has helped 1,894 Kiwis achieve financial security through property investment.
