2/48 Grey Street, CANNINGTON WA 6107
Development Feasibility Analysis in Cannington, WA
Eight apartments are modelled on this 2,029 sqm R-coded block in Cannington, the largest site by area in the dataset. Revenue of $3,952,000 at $494,000 per dwelling still falls $605,417 short of the $4,557,417 total project cost. The negative 13.3% margin is the least negative among Cannington sites but remains unprofitable.
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Frequently Asked Questions
What makes this Cannington site different from others in the suburb?
At 2,029 sqm, it is the largest site and supports eight apartments, producing the best margin among Cannington addresses at negative 13.3%.
What is the net loss?
$605,417 at a negative 13.3% margin.
What sale price is used per apartment?
$494,000 per dwelling.
What is the total project cost?
$4,557,417, including land at $452,327.
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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).