132 Bassett Street, HURSTVILLE NSW 2220
Development Feasibility Analysis in Hurstville, NSW
This 758 sqm R2 site in Hurstville produces a duplex loss of $348,737 on $3,408,737 in total costs. Revenue of $3,060,000 from two dwellings at $1,530,000 each falls short by 10.2%. Land at $1,320,000 contributes to a cost structure that Hurstville's current median pricing cannot support.
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Frequently Asked Questions
Is a duplex on Bassett Street financially viable?
No. The project records a net loss of $348,737 on total costs of $3,408,737, a negative 10.2% margin.
What is the land price?
$1,320,000 on the 758 sqm Hurstville block.
What revenue is generated by the duplex?
$3,060,000 total revenue from two dwellings at $1,530,000 each.
What would need to change to make this viable?
Either land cost falls by approximately $350,000, or per-dwelling sale prices rise above $1,704,000 each.
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DISCLAIMER: This analysis is generated by automated algorithms for informational purposes only. It does not constitute financial, investment, or legal advice. Actual development costs, revenues, and returns may vary significantly from these estimates. Users should consult qualified professionals including a registered quantity surveyor, accredited town planner, and solicitor before making any investment decisions. DA Leads Australia Pty Ltd holds no Australian Financial Services Licence (AFSL) and is not authorised to provide financial product advice under the Corporations Act 2001 (Cth).