#5 · amalgamation
2 houses → 30 homes
Address locked, Strathfield
Residual land valueA$21.0m
Likely askA$11.0m
HeadroomA$10.0m
Development › Strathfield › Site #24
1 house today → about 10 homes as townhouses. About 1,250 m², 30 m frontage, zone R3.
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.
Sites whose best option clears a 40% margin on cost at the likely ask are A$387. One claim credit claims any site.
| Option | Homes | Storeys | GFA | Realisation | Costs | Residual land value | Headroom | Profit at likely ask |
|---|---|---|---|---|---|---|---|---|
| TownhousesLow and Mid-Rise · FSR 1.2:1 · 11 m | 10 | 2 | 1,750 m² | A$21.0m | A$8.0m | A$6.5m | A$1.0m | A$4.0m28% on cost · 20% on revenue |
Cost stack
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| Apartments, up to 4 storeysLow and Mid-Rise (400 to 800 m) · FSR 1.5:1 · 17.5 m | 20 | 4 | 2,000 m² | A$23.0m | A$13.0m | A$3.3m | -A$2.3m | A$500k3% on cost · 2% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 1.2:1 · 11 m | 4 | 2 | 600 m² | A$9.0m | A$3.5m | A$3.0m | -A$2.5m | -A$1.6m-16% on cost · -18% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 1.2:1 · 11 m | 2 | 2 | 500 m² | A$7.0m | A$2.3m | A$2.4m | -A$3.1m | -A$2.1m-24% on cost · -29% on revenue |
Cost stack
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| Apartments, up to 6 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 1.95:1 · 22.8 m | 25 | 6 | 2,500 m² | A$27.5m | A$18.0m | A$1.1m | -A$4.4m | -A$900k-4% on cost · -3% on revenue |
Cost stack
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1 adjoining houses share a boundary with this site. Members see them.