1/10-12 James Street, CANNINGTON WA 6107
Development Feasibility Analysis in Cannington, WA
This 1,701 sqm R-coded Cannington block is the largest site in the Cannington subset. Six apartments are modelled at $494,000 each, producing total revenue of $2,964,000 against project costs of $3,555,468. The negative 16.6% margin mirrors the result at other Cannington R-coded apartment sites.
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Frequently Asked Questions
Why does a larger 1,701 sqm block still record a loss?
Only six dwellings are modelled despite the site area, and the $494,000 apartment price cannot support a project of this scale.
What is the net loss?
$591,468 at a negative 16.6% margin.
What zone or code applies to this site?
R residential coding under WA planning.
What is the land cost?
$452,327 modelled as the land value for this Cannington block.
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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).