86 Marisa Crescent, BERWICK VIC 3806
Development Feasibility Analysis in Berwick, VIC
Berwick's GRZ1 zone allows 6 apartments on this 855 sqm site, but the project is deeply unprofitable with an $838,054 loss at negative 20.0% margin. Sale prices of $557,650 per apartment are low relative to construction costs, producing total revenue of $3,345,900 against costs of $4,183,954. Land at $756,000 compounds the problem on a 6-dwelling project.
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Frequently Asked Questions
Is the apartment project at 86 Marisa Crescent Berwick viable?
No. The project loses $838,054 at negative 20.0% margin.
What is the apartment sale price?
$557,650 per unit based on Berwick sales data.
What is the land cost and site area?
855 sqm at $756,000.
What zone applies?
GRZ1 (General Residential Zone 1), Berwick VIC 3806.
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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).