Address locked, Chatswood

3 houses today → about 150 homes as apartments, up to 27 storeys. About 2,500 m², 110 m frontage, zone MU1.

Residual land valueA$37.5m

Likely ask (3 houses)A$12.0mFrom the land values x 1.15

HeadroomA$25.5m

Gain over buying separatelyA$3.8m

Claimed

Claimed until 3 Feb 2027

Another member holds a claim on this holding or one of its houses. It cannot be claimed again until then.

Pro members see the exact figures and the neighbours for this site. Go Pro for every site, or claim a single site from its page.

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	150	27	15,000 m²	A$200m	A$100m	A$37.5m	A$25.5m	A$55.0m46% on cost · 28% on revenue
Cost stack Construction 15,000 m² at A$5,500/m²A$80.0m Basement parkingA$5.0m DemolitionA$140k Consultants, DA and certification (9%)A$7.5m Contributions (A$28,000 per new home)A$4.0m Contingency (5%)A$4.5m 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$12.0m instead leaves A$55.0m pre-tax on a total development cost of A$120m.
Shop-top housing, up to 27 storeysLow and Mid-Rise (within 400 m) · FSR 6:1 · 90 m	130	27	15,000 m²	A$190m	A$100m	A$30.0m	A$18.0m	A$47.5m39% on cost · 25% on revenue
Cost stack Construction 15,000 m² at A$5,600/m²A$80.0m Basement parkingA$4.5m DemolitionA$140k Consultants, DA and certification (9%)A$7.5m Contributions (A$28,000 per new home)A$3.5m Contingency (5%)A$4.8m 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$12.0m instead leaves A$47.5m pre-tax on a total development cost of A$120m.

Houses: House, 900 m² House, 450 m² House, 1,000 m²
Site area: About 2,500 m²
Street frontage: About 110 m (measured against the road corridor)
Zone: MU1
Nearest nominated centre: About 100 m (straight line) · Within 400 m of a nominated centre
Land value: About A$11,000,000 at 1 July 2025, NSW Valuer General (the houses together)