Standalone site

Address locked, Crows Nest

1 house today → about 30 homes as shop-top housing, up to 6 storeys. About 2,000 m², 110 m frontage, zone E2.

Residual land valueA$11.0m

Likely ask (1 house)A$9.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$2.0m

Claim this site

A$182 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.

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
Shop-top housing, up to 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 24 m	30	6	4,500 m²	A$60.0m	A$30.0m	A$11.0m	A$2.0m	A$11.0m26% on cost · 19% on revenue
Cost stack Construction 4,500 m² at A$5,600/m²A$24.0m Basement parkingA$1.1m DemolitionA$45k Consultants, DA and certification (9%)A$2.3m Contributions (A$28,000 per new home)A$850k Contingency (5%)A$1.4m 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$9.0m instead leaves A$11.0m pre-tax on a total development cost of A$42.5m.

Site area: About 2,000 m² (35 m by 80 m)
Street frontage: About 110 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 150 m to Crows Nest station (straight line) · Within 400 m of a nominated centre
Land value: About A$8,000,000 at 1 July 2025, NSW Valuer General · from A$5,500,000 at 1 July 2021 (+45%)

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