Standalone site

Address locked, Crows Nest

1 house today → about 15 homes as shop-top housing, up to 6 storeys. About 900 m², 60 m frontage, zone E2.

Residual land valueA$5.0m

Likely ask (1 house)A$1.6mFrom the 1 July 2025 land value x 1.15

HeadroomA$3.4m

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
Shop-top housing, up to 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 24 m	15	6	2,000 m²	A$27.5m	A$13.0m	A$5.0m	A$3.4m	A$8.5m54% on cost · 31% on revenue
Cost stack Construction 2,000 m² at A$5,600/m²A$11.0m Basement parkingA$475k DemolitionA$45k Consultants, DA and certification (9%)A$1.0m Contributions (A$28,000 per new home)A$375k Contingency (5%)A$600k 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$1.6m instead leaves A$8.5m pre-tax on a total development cost of A$16.0m.

Site area: About 900 m² (35 m by 35 m)
Street frontage: About 60 m (measured against the road corridor)
Zone: E2 Commercial Centre · North Sydney Local Environmental Plan 2013
LEP controls: FSR not mapped · height 19.1 m · minimum lot not mapped
Nearest nominated centre: About 100 m to Crows Nest station (straight line) · Within 400 m of a nominated centre
Land value: About A$1,400,000 at 1 July 2025, NSW Valuer General · from A$1,200,000 at 1 July 2021 (+15%)

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