RETURN ON INVESTMENT / ’WIN-WIN’
The maths is simple. The more units or houses you build the more economical the finished units become and the ROI for your tunnel formwork investment reduces.
Say for example you have a small villa of 120m2 and the tunnel formwork investment for illustration purposes is $100,000 the ROI in terms of purely the formwork is as below
- 1 villa $100,000
- 10 villas $10,000
- 100 villas $1,000
- 500 villas $200
- 1000 villas $100
Savings in labour from having a crew of 30 completing 24 villas monthly (48 villas with two tunnel form sets) compared to much slower traditional methods needs to be calculated.
There is also the saving in finishing trades as tunnel formwork requires only a 2mm skim plaster coat on internal surfaces.
The ‘unseen’ ROI is the trust that the developer wins in the marketplace.
Superstructures complete quickly and this results in better sales turnover and quicker finance repayment to banks and investors.
Individual homebuyers and property investors see that the units are completed quicker and are more likely to reinvest more or in the developers future projects
Banks and financers gain better trust in developers’ ability to deliver and developer because of increased cash flow through sales is able to be more proactive in terms of future project planning. It’s a ‘win-win’ situation for all involved.