Is the 4-townhouse project at 2 Holly Street viable?

Yes. Net profit is $1,562,993 at a 28.8% margin on total costs of $5,431,806.

What zone applies to this Camberwell site?

HCTZ2 (Housing Corridor Transition Zone 2), which supports medium-density townhouse development.

What sale price per dwelling is used in the analysis?

$1,748,700 per townhouse. Four dwellings produce $6,994,800 in total revenue.

What is the land cost and how does it compare to total costs?

Land is $1,457,250, representing approximately 27% of total project costs of $5,431,806.

2 Holly Street, CAMBERWELL VIC 3124

Development Feasibility Analysis in Camberwell, VIC

HCTZ2 zoning on this 936 sqm Camberwell site supports four townhouses and delivers a viable financial result. Total revenue of $6,994,800 exceeds costs of $5,431,806, producing a net profit of $1,562,993 at a 28.8% margin. Sale prices are benchmarked at $1,748,700 per dwelling on a land acquisition of $1,457,250.

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2 Holly Street, CAMBERWELL VIC 3124

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