16A Mackie Street, VICTORIA PARK WA 6100
Development Feasibility Analysis in Victoria Park, WA
This 1,020 sqm R-coded Victoria Park block is modelled for four townhouses at $891,000 each. Total revenue of $3,564,000 falls $297,735 short of project costs of $3,861,735. The negative 7.7% margin mirrors the result at 44 Mackie Street, reflecting the same zone and pricing conditions.
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Frequently Asked Questions
What is the development margin for this Victoria Park block?
Negative 7.7%, with a net loss of $297,735.
How does this compare to 44 Mackie Street?
Identical margin and near-identical site area and costs, with the same zone and sale price assumptions applied.
How many townhouses are modelled?
Four townhouses on a 1,020 sqm block.
What is the total project cost?
$3,861,735, including land at $643,500.
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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).