7 Chaffers Street, MORLEY WA 6062
Development Feasibility Analysis in Morley, WA
Four apartments are modelled on this 1,015 sqm medium and high density residential site in Morley at $541,500 per dwelling. Revenue of $2,166,000 falls $499,699 short of project costs of $2,665,699. The negative 18.8% margin makes the project unprofitable at the modelled land cost of $534,300.
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Frequently Asked Questions
What zone applies to this Morley property?
Medium and high density residential zone under WA planning.
How many apartments are modelled?
Four apartments on a 1,015 sqm site.
What is the net loss?
$499,699 at a negative 18.8% margin.
What sale price per apartment is used?
$541,500 per dwelling based on Morley apartment sales data.
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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).