27 REDDAN AVENUE, PENRITH NSW 2750
Development Feasibility Analysis in Penrith, NSW
This 708 sqm R3 block in Penrith is modelled as a 4-apartment project with a negative 27.9% margin. Net loss is $887,442 on $3,176,942 in total costs against $2,289,500 in revenue. Land at $726,000 and apartment sale prices at $572,375 each produce a cost structure incompatible with viability.
Loading interactive analysis...
Frequently Asked Questions
Is a 4-apartment project viable on Reddan Avenue?
No. The project returns a net loss of $887,442 on total costs of $3,176,942, a negative 27.9% margin.
What are the assumed sale prices?
Four apartments at $572,375 each produce total revenue of $2,289,500.
What is the land cost?
$726,000 on the 708 sqm R3 site in Penrith.
What zone applies here?
R3 Medium Density Residential in Penrith NSW 2750.
More Reports in Penrith
Nearby Suburbs
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).