751 Plenty Road, RESERVOIR VIC 3073
Development Feasibility Analysis in Reservoir, VIC
This 726 sqm TRZ2 site on Plenty Road in Reservoir is modelled for four apartments at $570,000 each. Revenue of $2,280,000 falls $692,577 below total project costs of $2,972,577. The negative 23.3% margin is the weakest result among assessed Reservoir addresses.
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Frequently Asked Questions
What zone applies to this Plenty Road Reservoir site?
TRZ2, Township Residential Zone 2.
How many apartments are modelled?
Four apartments on a 726 sqm block.
What is the net loss?
$692,577 at a negative 23.3% margin.
What is the land cost?
$648,000 for the 726 sqm block on Plenty Road.
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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).