#10 · amalgamation
2 houses → 15 homes
Address locked, Burwood
Residual land valueA$6.0m
Likely askA$6.0m
HeadroomA$85k
Development › Burwood › Site
1 house today → 9 homes as townhouses. About 800 m², 15 m frontage, zone R1.
| Option | Homes | Storeys | GFA | Realisation | Costs | Residual land value | Headroom | Profit at likely ask |
|---|---|---|---|---|---|---|---|---|
| TownhousesLow and Mid-Rise · FSR 1.8:1 · 17 m | 9 | 2 | 1,500 m² | A$15.0m | A$7.0m | A$2.8m | -A$1.0m | A$1.7m15% on cost · 12% on revenue |
Cost stack
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| Apartments, up to 5 storeys (LEP controls)Local Environmental Plan · FSR 1.8:1 · 17 m | 15 | 5 | 1,500 m² | A$18.0m | A$10.0m | A$1.7m | -A$2.1m | A$1.2m8% on cost · 6% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 1.8:1 · 17 m | 2 | 2 | 500 m² | A$5.0m | A$2.3m | A$1.3m | -A$2.5m | -A$2.0m-30% on cost · -40% on revenue |
Cost stack
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| Manor house (4 flats)Low and Mid-Rise · FSR 1.8:1 · 17 m | 4 | 2 | 450 m² | A$5.0m | A$2.5m | A$1.1m | -A$2.7m | -A$2.2m-32% on cost · -44% on revenue |
Cost stack
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3 adjoining houses share a boundary with this site. Members see them.