#1 · amalgamation Claimed
3 houses → 90 homes
Address locked, Edgecliff
Residual land valueA$47.5m
Likely askA$35.0m
HeadroomA$12.5m
Heritage conservation area
Development › Edgecliff › Site #2
1 house today → about 50 homes as apartments, up to 8 storeys + bonus. About 1,750 m², 30 m frontage, zone R3.
Another member holds a claim on this site or a holding it is part of. It cannot be claimed again until then.
| Option | Homes | Storeys | GFA | Realisation | Costs | Residual land value | Headroom | Profit at likely ask |
|---|---|---|---|---|---|---|---|---|
| Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 28.6 m | 50 | 8 | 5,000 m² | A$85.0m | A$32.5m | A$25.0m | A$6.0m | A$20.0m35% on cost · 23% on revenue |
Cost stack
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| Apartments, up to 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 22 m | 35 | 6 | 3,500 m² | A$70.0m | A$25.0m | A$22.0m | A$3.0m | A$15.0m31% on cost · 21% on revenue |
Cost stack
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| TownhousesLow and Mid-Rise · FSR 0.7:1 · 10.5 m | 7 | 2 | 1,200 m² | A$23.0m | A$5.5m | A$10.0m | -A$9.0m | -A$5.5m-20% on cost · -24% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 0.7:1 · 10.5 m | 5 | 2 | 800 m² | A$18.0m | A$4.3m | A$8.0m | -A$11.0m | -A$8.5m-33% on cost · -48% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 0.65:1 · 10.5 m | 2 | 2 | 500 m² | A$10.0m | A$2.3m | A$5.0m | -A$14.0m | -A$14.0m-60% on cost · -143% on revenue |
Cost stack
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3 adjoining houses share a boundary with this site. Members see them.
Heritage conservation area