16 Lade Street, COORPAROO QLD 4151
Development Feasibility Analysis in Coorparoo, QLD
Lade Street in Coorparoo is a 506 sqm low-medium density block where a duplex project produces a $324,934 loss on $2,736,934 in costs. Revenue of $2,412,000 from two dwellings at $1,206,000 each falls short by 11.9%. Land at $1,005,000 on this sub-550 sqm lot makes duplex development unprofitable.
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Frequently Asked Questions
Is development viable on Lade Street?
No. Net loss is $324,934 on total costs of $2,736,934, a negative 11.9% margin.
What is the land cost?
$1,005,000 on the 506 sqm Coorparoo block.
What sale price applies per dwelling?
$1,206,000 per dwelling, giving total revenue of $2,412,000.
Why does the duplex lose money when the Ferol Street townhouse project does not?
The Ferol Street site is 1,283 sqm and supports 4 dwellings, spreading costs across more revenue. The 506 sqm Lade Street site supports only 2 dwellings at the same land cost.
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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).