Development feasibility models
Can the project be built profitably?
Land, build, statutory, finance and sale. Residential apartments, townhouses and duplex live today. Industrial, BTR, mixed-use, office, retail and the rest of the sector list shaping with the teams who will use them.
- LiveResidential
Residential development feasibility model
Capture the scheme, the AU cost stack and the settlement profile. Get profit on cost, equity IRR, peak debt and peak equity. Run base, downside and stretch on the same project.
Profit on cost21.4%Open - LiveApartments
Apartment development feasibility model
Scheme, mix, basement and podium as first-class inputs. Per-unit pricing flows into a tail-loaded settlement waterfall and profit on cost.
Profit on cost22.1%Open - LiveTownhouses
Townhouse development feasibility model
Stages, civils and title type as first-class inputs. The cashflow follows the stage and the settlement follows the dwelling.
Profit on cost19.8%Open - LiveDuplex
Duplex development feasibility model
Two dwellings, one site, one clean answer. Subdivision in the programme, hold-or-sell as a scenario, no 200-row workbook.
Profit on cost18.2%Open - LiveCash flow
Property development cash flow model
Monthly periods, equity-first drawdown, debt against approved claims, S-curve construction and a tail-loaded settlement waterfall. One connected schedule.
Equity IRR24.6%Open - In buildIndustrial
Industrial development feasibility model
Sheds, estates and last-mile. GLA, leasing assumptions and stabilised value modelled the way Australian industrial actually works.
Yield on cost6.4%Read - In buildData centre
Data centre feasibility model
Hyperscale, edge and colocation. IT load, power, fit-out tier and anchor tenancy drive the model. Not a logistics shed with extra cooling.
Stabilised yield8.1%Read - In buildBuild-to-rent
Build-to-rent feasibility model
BTR is not BTS with rent. Stabilised yield, operating cost ratio and lease-up timing as the design unit, with the cap rate an institutional buyer expects.
Stabilised yield5.2%Read - In buildMixed-use
Mixed-use development feasibility model
Residential tower, retail podium, commercial floors. One model, one connected cashflow, three cap rates feeding the blended return.
Blended return17.8%Read - In buildOffice
Office development feasibility model
A-grade towers and fringe campuses. NLA, face rent, incentives and outgoings recovery as separate inputs, with stabilised yield as the design unit.
Stabilised yield5.8%Read - In buildRetail
Retail development feasibility model
Neighbourhood centres, large-format and mixed-use podium. Anchor terms, specialty rent and the stabilised yield an institutional buyer expects.
Stabilised yield6.6%Read - In buildSelf-storage
Self-storage feasibility model
Unit mix, occupancy curve and operating cost ratio as the design unit. With the stabilised yield an institutional buyer actually buys.
Stabilised yield7.4%Read - In buildHotel
Hotel and accommodation feasibility model
Limited-service, full-service and serviced apartments. ADR, occupancy and RevPAR drive the model. Not a residential project with a lobby.
Stabilised yield6.8%Read - In buildChildcare
Childcare feasibility model
Licensed places, operator rent and approvals timing as the design unit. With the stabilised yield a childcare investor actually buys.
Stabilised yield6.2%Read - In buildRetirement living
Retirement living feasibility model
Independent living units, serviced apartments and care. DMF, rollover assumptions and the long-tail cashflow retirement villages actually run.
Equity IRR14.6%Read - In buildHealthcare
Healthcare feasibility model
Medical centres, day hospitals and specialist consulting. Operator lease, fit-out by use and stabilised yield as the design unit.
Stabilised yield6.4%Read - In buildStudent accommodation
Student accommodation feasibility model
Purpose-built student accommodation. Bed count, semester occupancy and operator fee drive the model, with the stabilised yield an institutional buyer expects.
Stabilised yield5.6%Read
Operating models
How does the asset perform once running?
Revenue drivers, occupancy, operating cost and NOI across the hold. Lease-up, stabilisation and exit value for the operator, not the developer. BTR, industrial, office, retail, self-storage, hotel, healthcare, PBSA, retirement and data centre.
- In buildBTR operating
BTR operating model
Stabilised yield answers the build. Operating yield answers the asset. Model rent, occupancy, opex and refurb capex across the hold.
Hold-period equity IRR11.8%Read - In buildData centre operating
Data centre operating model
Contracted load, anchor escalation, power pass-through and opex over the hold. Operating yield runs alongside contracted revenue, not GFA.
Operating yield7.2%Read - In buildIndustrial operating
Industrial and logistics operating model
Face rent, recoveries, market review and re-leasing through the hold. Operating NOI runs against contracted income, not yield on cost.
Operating yield6.4%Read - In buildSelf-storage operating
Self-storage operating model
Stabilised occupancy, blended rent and ancillary revenue across the hold. Operating yield reflects what the asset actually earns, not the development pitch.
Operating yield7.8%Read - In buildOffice operating
Office operating model
Contracted rent, recoveries, incentives and re-leasing through the hold. Operating NOI reflects the rent roll, not the development pitch.
Operating yield5.8%Read - In buildRetail operating
Retail operating model
Contracted rent, percentage rent, MAT and recoveries across the hold. Operating NOI reflects the tenant mix, not a single rent line.
Operating yield6.6%Read - In buildHotel operating
Hotel and accommodation operating model
ADR, occupancy, RevPAR and GOP across the hold. Operator fee, F&B and capex reserve drive the answer, not a year-one stub.
Operating yield7.4%Read - In buildHealthcare operating
Healthcare operating model
Operator lease, escalation, recoveries and plant capex across the hold. Operating NOI reflects the contracted lease, not theoretical demand.
Operating yield6.4%Read - In buildPBSA operating
Student accommodation operating model
Rent per bed, semester and summer occupancy, ancillary revenue and operator fee across the hold. Operating NOI runs against the academic cycle.
Operating yield5.6%Read - In buildRetirement operating
Retirement living operating model
Service fees, DMF rollover, care opex and refurb capex through the long-tail horizon. Operating cashflow reflects the village, not the year-one stub.
Hold-period IRR12.6%Read
Investment models
Hold, sell, refinance or recapitalise?
Capital allocation, yield on cost, stabilised value and capital stack. The models investment committees actually read. Built for capital partners and asset owners as much as for development teams.
- In buildHold/sell
Hold/sell analysis model
Forward NOI, exit value, refinance proceeds and equity IRR for each path. The decision sits next to the assumption, not under a different tab.
Recommended pathRefinanceRead - In buildYield on cost
Yield on cost model
Stabilised NOI on total development cost, target yield versus exit cap rate, and residual land back-solved from the answer.
Yield on cost6.4%Read - In buildStabilised value
Stabilised value model
Forward NOI capitalised at the exit cap rate, with value uplift and downside spread. The valuation the investment committee will sign off.
Stabilised value$208.0MRead - In buildFunding
Debt and equity funding model
Senior debt, mezzanine, equity tranches and promote on one waterfall. Equity IRR by tranche, peak debt and headroom against covenants.
Equity IRR (common)22.4%Read
Run your first feasibility in 90 seconds.
No spreadsheets. No setup. Fourteen-day free trial, no credit card.