Standalone site

Address locked, Bondi Junction

1 house today → about 95 homes as apartments, up to 18 storeys. About 1,500 m², 100 m frontage, zone MU1.

Residual land valueA$42.5m

Likely ask (1 house)A$23.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$19.5m

Claim this site

A$387 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.

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
Apartments, up to 18 storeys (LEP controls)Local Environmental Plan · FSR 6:1 · 60 m	95	18	9,000 m²	A$160m	A$65.0m	A$42.5m	A$19.5m	A$47.5m49% on cost · 29% on revenue
Cost stack Construction 9,000 m² at A$5,500/m²A$50.0m Basement parkingA$3.3m DemolitionA$45k Consultants, DA and certification (9%)A$5.0m Contributions (A$28,000 per new home)A$2.8m Contingency (5%)A$3.0m 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$23.0m instead leaves A$47.5m pre-tax on a total development cost of A$95.0m.
Shop-top housing, up to 18 storeysLow and Mid-Rise (within 400 m) · FSR 6:1 · 60 m	85	18	9,000 m²	A$150m	A$65.0m	A$37.5m	A$14.5m	A$37.5m40% on cost · 25% on revenue
Cost stack Construction 9,000 m² at A$5,600/m²A$55.0m Basement parkingA$3.0m DemolitionA$45k Consultants, DA and certification (9%)A$5.0m Contributions (A$28,000 per new home)A$2.4m Contingency (5%)A$3.0m 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$23.0m instead leaves A$37.5m pre-tax on a total development cost of A$95.0m.

Site area: About 1,500 m² (30 m by 50 m)
Street frontage: About 100 m (measured against the road corridor)
Zone: MU1 Mixed Use · Waverley Local Environmental Plan 2012
LEP controls: FSR 6:1 · height 60 m · minimum lot not mapped
Nearest nominated centre: About 250 m to Bondi Junction station and town centre (straight line) · Within 400 m of a nominated centre
Land value: About A$20,000,000 at 1 July 2025, NSW Valuer General · from A$18,000,000 at 1 July 2021 (+10%)

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