14 Brougham Street, BOX HILL VIC 3128
Development Feasibility Analysis in Box Hill, VIC
This 557 sqm RGZ1 site in Box Hill is essentially at breakeven for a 3-townhouse project. Total cost is $3,282,650 and total revenue is $3,291,300, leaving a net profit of just $8,649 at a 0.3% margin. Land at $1,038,000 is the primary pressure on profitability.
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Frequently Asked Questions
Is the 3-townhouse project at 14 Brougham Street viable?
Barely. Net profit is $8,649 on a $3.28 million project, a margin of 0.3%. Any cost overrun produces a loss.
What zone is this property in?
RGZ1 (Residential Growth Zone 1). The zone supports up to three townhouses on a site of this size.
What is the main cost driver reducing profitability?
Land at $1,038,000 on a 557 sqm site. The high land-to-revenue ratio leaves almost no margin for construction.
What sale price is used in this analysis?
$1,097,100 per townhouse. This is the benchmark for Box Hill, generating $3,291,300 across three dwellings.
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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).