Address locked, Randwick

2 houses today → about 30 homes as terraces. About 6,000 m², 175 m frontage, zone R1.

Residual land valueA$23.0m

Likely ask (2 houses)A$17.0mFrom the land values x 1.15

HeadroomA$6.0m

Gain over buying separatelyA$2.4m

Claim this holding

A$182 inc GST · 3 months

A claim takes this holding 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.

Every option the rules allow

Option	Homes	Storeys	GFA	Realisation	Costs	Residual land value	Headroom	Profit at likely ask
TerracesLow and Mid-Rise · FSR 0.7:1 · 21 m	30	2	4,000 m²	A$65.0m	A$22.0m	A$23.0m	A$6.0m	A$16.0m37% on cost · 24% on revenue
Cost stack Construction 4,000 m² at A$4,300/m²A$18.0m Basement parkingA$950k DemolitionA$90k Consultants, DA and certification (9%)A$1.7m Contributions (A$28,000 per new home)A$750k Contingency (5%)A$1.0m 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$17.0m instead leaves A$16.0m pre-tax on a total development cost of A$42.5m.
TownhousesLow and Mid-Rise · FSR 0.7:1 · 21 m	25	2	4,000 m²	A$60.0m	A$20.0m	A$20.0m	A$3.0m	A$14.0m33% on cost · 23% on revenue
Cost stack Construction 4,000 m² at A$4,100/m²A$17.0m DemolitionA$90k Consultants, DA and certification (9%)A$1.5m Contributions (A$28,000 per new home)A$700k Contingency (5%)A$900k 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$17.0m instead leaves A$14.0m pre-tax on a total development cost of A$40.0m.
Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 21 m	4	2	450 m²	A$6.5m	A$2.5m	A$1.9m	-A$15.1m	-A$16.0m-71% on cost · -241% on revenue
Cost stack Construction 450 m² at A$4,400/m²A$1.9m Basement parkingA$140k DemolitionA$90k Consultants, DA and certification (9%)A$190k Contributions (A$28,000 per new home)A$55k Contingency (5%)A$110k 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$17.0m instead leaves -A$16.0m pre-tax on a total development cost of A$22.0m.

Site facts

Houses: House, 3,000 m² House, 3,000 m²
Site area: About 6,000 m²
Street frontage: About 175 m (measured against the road corridor)
Zone: R1
Nearest nominated centre: About 600 m (straight line) · 400 to 800 m from a nominated centre
Land value: About A$14,000,000 at 1 July 2025, NSW Valuer General (the houses together)
Notes: Heritage conservation area.