32 North Road, BRIGHTON VIC 3186
Development Feasibility Analysis in Brighton, VIC
At 2,168 sqm, this is one of the larger Brighton sites analysed and produces a strong financial result. Seven townhouses at $2,020,500 each generate $14,143,500 in revenue against total costs of $8,762,910, delivering a net profit of $5,380,589 at a 61.4% margin. TRZ2 zoning supports the townhouse configuration on this site.
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Frequently Asked Questions
What is the projected profit on the 7-townhouse project at 32 North Road?
$5,380,589 net profit on total costs of $8,762,910. The margin is 61.4%, making this the strongest result in Brighton.
What zone applies and how many dwellings does it allow?
TRZ2 supports medium-density townhouse development. At 2,168 sqm, the site accommodates seven townhouses.
What sale price per townhouse is assumed?
$2,020,500 per dwelling. Total revenue across seven townhouses is $14,143,500.
What is the land price at this address?
$1,683,750. With 2,168 sqm and seven dwellings, the land cost per dwelling is approximately $240,500.
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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).