#2 · amalgamation
3 houses → 55 homes
Address locked, Marrickville
Residual land valueA$7.0m
Likely askA$6.0m
HeadroomA$1.0m
Transport Oriented Development area
Development › Marrickville › Site #5
1 house today → about 20 homes as apartments, up to 8 storeys (tod) + bonus. About 600 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 |
|---|---|---|---|---|---|---|---|---|
| Apartments, up to 8 storeys (TOD) + affordable housing bonusTransport Oriented Development + Chapter 2 bonus · FSR 3.25:1 · 28.6 m | 20 | 8 | 2,000 m² | A$23.0m | A$13.0m | A$2.3m | A$300k | A$4.3m26% on cost · 18% on revenue |
Cost stack
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| Apartments, up to 6 storeys (TOD)Transport Oriented Development · FSR 2.5:1 · 22 m | 15 | 6 | 1,500 m² | A$18.0m | A$10.0m | A$2.2m | A$200k | A$3.0m23% on cost · 17% on revenue |
Cost stack
| ||||||||
| Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m | 2 | 2 | 400 m² | A$3.0m | A$1.7m | A$475k | -A$1.5m | -A$1.3m-31% on cost · -43% on revenue |
Cost stack
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2 adjoining houses share a boundary with this site. Members see them.
Transport Oriented Development area