Example

A 2-dwelling duplex, simple and quick.

The smallest residential project Feaso handles end to end — a 2-dwelling duplex on a single suburban lot.

Run your own in Feaso See more examples

Site

650 m² site, suburban Sydney

Typology

Side-by-side duplex, Torrens title

Units

2 × 4-bedroom houses, 220 m² each, double garage

Program

16 months total

Numbers

The output set, in full.

Gross realisation value
$3.6M
Net realisation
$3.32M
Total development cost
$2.85M
Profit
$470k
Profit on cost
16.5%
Development margin
14.2%
Equity IRR
26.0%

Site and scheme

650 m² R2 lot in Sydney's outer west, demolish existing dwelling, construct two 4-bedroom houses side by side with separate Torrens title.

Revenue

$1.8M each at completion, GRV $3.6M, net realisation $3.32M after selling costs.

Costs

  • Land + acquisition: $1.20M
  • Demolition and site works: $0.05M
  • Construction: $1.20M ($2,725/m² × 440 m² total)
  • Professional fees: $0.10M
  • Contributions: $0.08M
  • Finance + selling: $0.22M

TDC $2.85M.

Result

Profit on cost 16.5%, IRR 26% — strong IRR thanks to the short program and quick settlement, even on a thinner profit ratio.

Related

Townhouse feasibility model
Residual land value calculator

Run your first feasibility in 90 seconds.

No spreadsheets. No setup. Fourteen-day free trial, no credit card.

Start free trial Book a demo