#7 · amalgamation
3 houses → 15 homes
Address locked, Chatswood
Residual land valueA$12.0m
Likely askA$6.5m
HeadroomA$5.5m
Development › Chatswood › Site #40
1 house today → 8 homes as townhouses. About 600 m², 15 m frontage, zone R4.
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 |
|---|---|---|---|---|---|---|---|---|
| TownhousesLow and Mid-Rise · FSR 2:1 · 18 m | 8 | 2 | 1,200 m² | A$17.0m | A$6.0m | A$5.5m | A$3.0m | A$6.0m63% on cost · 35% on revenue |
Cost stack
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| Apartments, up to 7 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.6:1 · 23.4 m | 15 | 7 | 1,500 m² | A$21.0m | A$11.0m | A$3.3m | A$750k | A$4.0m27% on cost · 19% on revenue |
Cost stack
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| Apartments, up to 5 storeysLow and Mid-Rise (400 to 800 m) · FSR 2:1 · 18 m | 10 | 5 | 1,200 m² | A$17.0m | A$8.5m | A$3.0m | A$500k | A$3.3m27% on cost · 19% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 2:1 · 18 m | 2 | 2 | 500 m² | A$7.0m | A$2.3m | A$2.4m | -A$100k | A$1.1m20% on cost · 15% on revenue |
Cost stack
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2 adjoining houses share a boundary with this site. Members see them.