#3 · amalgamation
3 houses → 10 homes
Address locked, Sylvania
Residual land valueA$3.8m
Likely askA$3.8m
HeadroomA$23k
DA on a house (Determined)
Development › Sylvania › Site
1 house today → 2 homes as dual occupancy. About 500 m², 18 m frontage, zone R2.
| Option | Homes | Storeys | GFA | Realisation | Costs | Residual land value | Headroom | Profit at likely ask |
|---|---|---|---|---|---|---|---|---|
| Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m | 2 | 2 | 350 m² | A$3.3m | A$1.6m | A$600k | -A$600k | -A$120k-4% on cost · -4% on revenue |
Cost stack
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| Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m | 4 | 2 | 450 m² | A$4.5m | A$2.5m | A$550k | -A$650k | A$17k0% on cost · 0% on revenue |
Cost stack
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2 adjoining houses share a boundary with this site. Members see them.
DA on a house (Determined)