26 Myrtle Street, BENTLEIGH VIC 3204
Development Feasibility Analysis in Bentleigh, VIC
Bentleigh's NRZ1 zone permits a duplex on this 634 sqm site, producing a $326,427 loss at negative 11.2% margin. Land at $1,026,000 and sale prices of $1,295,100 per unit result in total costs of $2,916,627 against revenue of $2,590,200. The project is unprofitable but less so than higher-land-cost Bentleigh sites.
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Frequently Asked Questions
Is the duplex at 26 Myrtle Street Bentleigh viable?
No. The project loses $326,427 at negative 11.2% margin.
What is the land cost?
$1,026,000, lower than 9 Twisden Road at $1,134,000, resulting in a smaller loss.
What is the sale price per duplex unit?
$1,295,100 per dwelling.
What is the site area and zone?
634 sqm in NRZ1, Bentleigh VIC 3204.
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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).