15 Ash Way, MORLEY WA 6062
Development Feasibility Analysis in Morley, WA
Four apartments are modelled on this 731 sqm medium and high density residential block in Morley. Revenue of $2,166,000 at $541,500 per dwelling falls $499,699 short of total project costs. The negative 18.8% margin and $534,300 land cost produce the same outcome as comparable Morley sites assessed.
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Frequently Asked Questions
Is this Morley apartment project viable?
No. The project records a $499,699 loss at a negative 18.8% margin.
What site area is modelled?
731 sqm under the medium and high density residential zone.
What is the land cost?
$534,300 for the 731 sqm Morley block.
What total revenue is generated?
Four apartments at $541,500 each produce $2,166,000 total revenue.
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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).