Standalone site

Address locked, Chatswood

1 house today → about 85 homes as apartments, up to 27 storeys. About 1,500 m², 70 m frontage, zone E2.

Residual land valueA$21.0m

Likely ask (1 house)A$8.5mFrom the 1 July 2025 land value x 1.15

HeadroomA$12.5m

Claim this site

A$387 inc GST · 3 months

A claim takes this site off the market for every other member for 3 months and opens its address, lot outline, exact figures and neighbours to you.

This site is A$387 because its best option clears a 40% margin on cost at the likely ask. Other sites are A$182. One claim credit claims any site.

Option	Homes	Storeys	GFA	Realisation	Costs	Residual land value	Headroom	Profit at likely ask
Apartments, up to 27 storeys (LEP controls)Local Environmental Plan · FSR 6:1 · 90 m	85	27	8,000 m²	A$120m	A$60.0m	A$21.0m	A$12.5m	A$32.5m43% on cost · 27% on revenue
Cost stack Construction 8,000 m² at A$5,500/m²A$45.0m Basement parkingA$2.8m DemolitionA$45k Consultants, DA and certification (9%)A$4.3m Contributions (A$28,000 per new home)A$2.3m Contingency (5%)A$2.8m Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$8.5m instead leaves A$32.5m pre-tax on a total development cost of A$75.0m.
Shop-top housing, up to 27 storeysLow and Mid-Rise (within 400 m) · FSR 6:1 · 90 m	75	27	8,000 m²	A$110m	A$60.0m	A$18.0m	A$9.5m	A$23.0m31% on cost · 21% on revenue
Cost stack Construction 8,000 m² at A$5,600/m²A$47.5m Basement parkingA$2.5m DemolitionA$45k Consultants, DA and certification (9%)A$4.5m Contributions (A$28,000 per new home)A$2.1m Contingency (5%)A$2.8m Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$8.5m instead leaves A$23.0m pre-tax on a total development cost of A$75.0m.

Site area: About 1,500 m² (35 m by 40 m)
Street frontage: About 70 m (measured against the road corridor)
Zone: E2 Commercial Centre · Willoughby Local Environmental Plan 2012
LEP controls: FSR 6:1 · height 90 m · minimum lot not mapped
Nearest nominated centre: About 50 m to Chatswood station and town centre (straight line) · Within 400 m of a nominated centre
Land value: About A$7,500,000 at 1 July 2025, NSW Valuer General · from A$4,750,000 at 1 July 2021 (+60%)
Notes: Holding of 4 parcels.

2 adjoining houses share a boundary with this site. Members see them.