21 DOUST STREET, CANNINGTON WA 6107
Development Feasibility Analysis in Cannington, WA
Six apartments are modelled on this 1,215 sqm R-coded Cannington block at $494,000 per dwelling. Total revenue of $2,964,000 falls below project costs of $3,555,468, producing a $591,468 loss. The negative 16.6% margin confirms this apartment project is unprofitable under current Cannington price and cost conditions.
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Frequently Asked Questions
What coding applies to this Cannington site?
The R code, a residential density code under WA planning rules.
How many apartments are modelled?
Six apartments on a 1,215 sqm block.
What is the net loss?
$591,468 at a negative 16.6% margin.
What sale price per apartment is used?
$494,000 per dwelling based on Cannington apartment sales.
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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).