Focus Property OptionsParticipant@focuspropertyJoin Date: 2017Post Count: 4
Hello, I’m relatively new at developing. Have found a block for a potential 20 lot (average 500m2) subdivision. Working on the feasibility and having trouble getting estimates on what the civil costs per block are. Does anybody have some estimates for this?Road RunnerParticipant@road-runnerJoin Date: 2008Post Count: 5
Can vary a lot depending upon location, earthworks, topography,lead in services, ground conditions etc. I’d recommend getting an experts advice. However, as a rule of thumb (in Sydney) $60-$80k per standard 450m2 lot is typical. This would be a level site with no lead ins, clean, excluding contingencies, contributions levies, consultants etc.Focus Property OptionsParticipant@focuspropertyJoin Date: 2017Post Count: 4
Thanks RoadRunner. Have been ringing around experts for an estimate for a feasibility before committing to purchase. Uphill “battle”. Decided I wanted to chase up the information myself to better understand the process. Many experts do not encourage my choice I have to say. Have found an expert who doesn’t talk down to me so will be paying him to do a feasibility.Road RunnerParticipant@road-runnerJoin Date: 2008Post Count: 5
Fair enough. Should have mentioned I’m based in Sydney. So, cost base may be different. Your in the right track getting an experts opinion. Make you get the full cost. Look carefully at the assumptions and exclusions.
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