4 Kirribilli Court, ROBINA QLD 4226
Development Feasibility Analysis in Robina, QLD
Robina's low-medium density zone permits 4 apartments on this 849 sqm site, but total costs of $3,203,736 exceed revenue of $3,002,000 by $201,736. The negative 6.3% margin makes the project unprofitable. Land at $942,000 and apartment prices at $750,500 each define the key inputs.
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Frequently Asked Questions
Is the 4-apartment development at 4 Kirribilli Court viable?
No. The project returns a $201,736 loss at a negative 6.3% margin.
What is the estimated apartment sale price?
$750,500 per unit.
What is the land cost for this site?
$942,000 for the 849 sqm block.
How does this compare to 138 Camberwell Circuit nearby?
Land is cheaper at $942,000 versus $1,056,000, reducing the loss from $324,431 to $201,736, but the project still does not stack up.
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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).