60 Were Street, BRIGHTON VIC 3186
Development Feasibility Analysis in Brighton, VIC
A 1,080 sqm TRZ2 site in Brighton, this project supports five townhouses and delivers a strong return. Total revenue of $10,102,500 exceeds costs of $6,796,584, producing a net profit of $3,305,915 at 48.6%. Each dwelling is benchmarked at $2,020,500 based on Brighton sale values.
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Frequently Asked Questions
How profitable is the 5-townhouse project at 60 Were Street?
Net profit is $3,305,915 on total costs of $6,796,584. The margin is 48.6%, which is a strong return.
What zone applies to this property?
TRZ2. This permits medium-density townhouse development appropriate for the 1,080 sqm site area.
What are the sale price assumptions?
$2,020,500 per townhouse. Five dwellings produce $10,102,500 in total revenue.
How does this compare to other Brighton sites in this analysis?
60 Were Street returns 48.6% against 32 North Road's 61.4%. Both are viable. The larger site at North Road generates higher total profit due to greater dwelling count.
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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).