7 Turnberry Court, ROBINA QLD 4226
Development Feasibility Analysis in Robina, QLD
Four apartments are modelled on this 883 sqm Robina site at $750,500 each, producing revenue of $3,002,000 against costs of $3,267,938. The $265,938 loss represents a negative 8.1% margin. Land at $1,002,000 is too expensive for this scale of development at current apartment prices.
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Frequently Asked Questions
Is the apartment project at 7 Turnberry Court viable?
No. It produces a $265,938 loss at a negative 8.1% margin.
What is the apartment sale price?
$750,500 per unit, consistent with the Robina benchmark used in this report.
What is the land price relative to other Robina sites?
Land is $1,002,000, the second highest in the Robina group, contributing directly to the larger loss.
What is the site area?
883 sqm in the low-medium density residential zone.
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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).