Residential · Feasibility
Leppington Town Centre
A feasibility study for two large residential, mixed-use developments in Leppington Town Centre, for Aland.
- Place
- South-west Sydney, NSW
- Client
- Aland
- Sector
- Residential · Feasibility

01The question
Which development scenarios stay viable under Council’s contributions schemes?
02What Macroplan did
- Financial feasibility
- DCF modelling
- 01Built a customised discounted cash flow (DCF) model to test several development scenarios.
- 02Analysed how local Council development contributions schemes affect profitability.
- 03Used industry-accepted assumptions for costs and revenues.
03Published figures
- 22large mixed-use developments tested
04The project
Aland, one of Sydney’s largest private property developers, engaged Macroplan to prepare a feasibility study supporting two large-scale residential, mixed-use developments in Leppington Town Centre.
Macroplan prepared a customised discounted cash flow (DCF) financial model to test several development scenarios, and to analyse the profitability impacts of various local Council development contributions schemes.
The analysis used industry-accepted assumptions for costs and revenues, including cost contingencies, revenue escalation, cost of capital, debt and equity margins and internal rates of return.
The assessment forms part of Aland’s ongoing negotiations with Council about its development proposals for Leppington Town Centre.
Source: macroplan.com.au (opens in a new tab) “Leppington Town Centre Feasibility Assessment”, read 13 October 2026.



