#8 · amalgamation
3 houses → 25 homes
Address locked, Strathfield
Residual land valueA$16.0m
Likely askA$12.0m
HeadroomA$4.0m
Development › Strathfield › Site #16
1 house today → about 10 homes as townhouses. About 3,000 m², 30 m frontage, zone R2.
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.
| Option | Homes | Storeys | GFA | Realisation | Costs | Residual land value | Headroom | Profit at likely ask |
|---|---|---|---|---|---|---|---|---|
| TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m | 10 | 2 | 2,000 m² | A$25.0m | A$9.5m | A$8.0m | A$2.0m | A$5.5m32% on cost · 22% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 0.7:1 · 9.5 m | 5 | 2 | 800 m² | A$12.0m | A$4.3m | A$3.5m | -A$2.5m | -A$275k-2% on cost · -2% on revenue |
Cost stack
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| Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m | 2 | 2 | 500 m² | A$7.0m | A$2.3m | A$2.4m | -A$3.6m | -A$2.5m-28% on cost · -37% 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$5.0m | A$2.5m | A$950k | -A$5.1m | -A$4.8m-49% on cost · -93% on revenue |
Cost stack
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2 adjoining houses share a boundary with this site. Members see them.