What is a feasibility study?
A feasibility study is analysis and evaluation of a proposed project to determine if it is technically feasible, is feasible within the estimated cost, and will be profitable. Feasibility studies are almost always conducted where large sums are at stake.
Each feasibility study is unique as the criteria of the development assessment will be different each time dependent on the project, however generally includes but not limited to a review of the following:
- Land Acquisition
- Holding Costs
- Preliminary Costs
- Construction Costs
- Contributions and Fees
- Financial Information
- GST Implications
- Marketing Costs
- Leasing Details
- Sales Details, Income and the like.
If you would like some assistance with a Feasibility Study contact us here.