Completed

Project Suburb: Heidelberg West
4 townhouse site - 2 bedroom each

Total site acquisition cost
$606k
Cost of construction
$896k
Civil, DA and other costs
$254k

Total development cost
$1.76 million

Gross realised value
$2.26 million
Net realised value
$2.2 million

Total profit
$440k
Profit margin on cost
25%
Project Suburb: Reservoir
4 Townhouse site - 2 bedroom x 3 and 3 bedroom x 1

Total site acquisition cost
$872k
Cost of construction
$858k
Civil, DA and other costs
$231k

Total development cost
$1.96 million

Gross realised value
$2.49 million
Net realised value
$2.36 million

Total profit
$400k
Profit margin on cost
20.40%
Project Suburb: Reservoir
Landsplit with property kept at the front and build 2 x 3 bedders at the back

Total site acquisition cost
$745
Cost of construction
$521
Civil, DA and other costs
$135

Total development cost
$1.40 million

Gross realised value
$2.1
Net realised value
$2.0

Total profit
$600k
Profit margin on cost
42.8%
Project Suburb: Reservoir - Dundee
4 Townhouse site

Total site acquisition cost
$727k
Cost of construction
$842k
Civil, DA and other costs
$249k

Total development cost
$1.81 million

Gross realised value
$2.43 million
Net realised value
$2.32 million

Total profit
$510k
Profit margin on cost
28.2%
Project Suburb: Preston
5 townhouse site - 2 bedroom houses x 5

Total site acquisition cost
$955k
Cost of construction
$861k
Civil, DA and other costs
$287k

Total development cost
$2.1 million

Gross realised value
$2.82
Net realised value
$2.68

Total profit
$580k
Profit margin on cost
27.62%

Upcoming

Project Suburb: Diamond Creek
10 unit single storey - 4000sqm block - 21 sq - 4 bedroom x 10

Total site acquisition cost
$1.9 million
Cost of construction
$2.7 million
Civil, DA and other costs
$700k

Total development cost
$5.3 million

Gross realised value
$7.3 million
Net realised value
$6.9 million

Total profit
$1.6 million
Profit margin on cost
30.2%