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Development › Chatswood › Site #105

Standalone site

Address locked, Chatswood

1 house today → 4 homes as townhouses. About 900 m², 15 m frontage, zone R2.

Residual land valueA$2.5m
Likely ask (1 house)A$1.8mFrom the 1 July 2025 land value x 1.15
HeadroomA$700k
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.

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Every option the rules allow

OptionHomesStoreysGFARealisationCostsResidual land valueHeadroomProfit at likely ask
TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m 42700 m² A$8.5mA$3.3mA$2.5mA$700k A$2.1m38% on cost · 25% on revenue
Cost stack
  • Construction 700 m² at A$4,100/m²A$2.8m
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$240k
  • Contributions (A$28,000 per new home)A$85k
  • Contingency (5%)A$150k
  • 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$1.8m instead leaves A$2.1m pre-tax on a total development cost of A$5.5m.
Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m 22500 m² A$7.0mA$2.3mA$2.4mA$600k A$1.8m40% on cost · 26% on revenue
Cost stack
  • Construction 500 m² at A$3,700/m²A$1.9m
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$170k
  • Contributions (A$28,000 per new home)A$28k
  • Contingency (5%)A$100k
  • 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$1.8m instead leaves A$1.8m pre-tax on a total development cost of A$4.5m.
Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m 42450 m² A$6.0mA$2.5mA$1.7m-A$100k A$700k15% on cost · 12% on revenue
Cost stack
  • Construction 450 m² at A$4,400/m²A$1.9m
  • Basement parkingA$140k
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$190k
  • Contributions (A$28,000 per new home)A$85k
  • 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$1.8m instead leaves A$700k pre-tax on a total development cost of A$4.8m.

Site facts

Site area
About 900 m² (15 m by 60 m)
Street frontage
About 15 m (measured against the road corridor)
Zone
R2 Low Density Residential · Willoughby Local Environmental Plan 2012
LEP controls
FSR 0.40000001:1 · height 8.5 m · minimum lot 650 m²
Nearest nominated centre
About 400 m to Chatswood station and town centre (straight line) · Within 400 m of a nominated centre
Land value
About A$1,600,000 at 1 July 2025, NSW Valuer General · from A$1,300,000 at 1 July 2021 (+25%)

Neighbours

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

Amalgamation options

#6 · amalgamation 3 houses → 15 homes

Address locked, Chatswood

Residual land valueA$12.0m
Likely askA$5.5m
HeadroomA$6.5m

3,000 m² · Terraces · R2 · address locked