40 Nepean Avenue, PENRITH NSW 2750
Development Feasibility Analysis in Penrith, NSW
This 1,006 sqm R2 block in Penrith produces a large duplex loss of $893,236 on $2,567,236 in total costs. Revenue of $1,674,000 from two dwellings at $837,000 each is far below the cost base, yielding a negative 34.8% margin. Penrith's lower sale price benchmarks make duplex development difficult on R2 land.
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Frequently Asked Questions
Why does this large Penrith lot still produce a loss?
Sale prices in Penrith are benchmarked at $837,000 per dwelling, which is low relative to the combined land and construction cost of $2,567,236.
What is the net loss?
$893,236 on total project costs of $2,567,236, a negative 34.8% margin.
What is the land cost?
$697,500 on the 1,006 sqm R2 block.
What total revenue is projected?
$1,674,000 from two dwellings at $837,000 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).