760 Station Street, BOX HILL VIC 3128
Development Feasibility Analysis in Box Hill, VIC
TRZ2 zoning on this 752 sqm Box Hill site supports a 4-townhouse project with a marginal but positive result. Total revenue of $4,388,400 exceeds total costs of $3,891,789, producing a net profit of $496,610 at a 12.8% margin. Sale prices are benchmarked at $1,097,100 per dwelling against a land acquisition of $954,000.
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Frequently Asked Questions
Is the 4-townhouse project at 760 Station Street profitable?
Yes, but the margin is marginal at 12.8%. Net profit is $496,610 on a total cost of $3,891,789.
What zone applies to this Box Hill property?
TRZ2 (Township Residential Zone 2), which supports medium-density townhouse development.
What sale price is assumed per townhouse?
$1,097,100 per dwelling. Four townhouses produce $4,388,400 in total revenue.
How does land cost affect this project?
Land is priced at $954,000. At 12.8% margin, there is limited buffer. A $50,000 increase in land price would reduce profit by roughly 10%.
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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).