#2 · amalgamation
3 houses → 40 homes
Address locked, Burwood
Residual land valueA$16.0m
Likely askA$14.0m
HeadroomA$2.0m
Development › Burwood › Site
1 house today → 9 homes as townhouses. About 800 m², 13 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 | 1,250 m² | A$15.0m | A$6.5m | A$3.3m | -A$250k | A$2.5m23% on cost · 17% 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 | 1,250 m² | A$16.0m | A$9.5m | A$1.5m | -A$2.0m | A$200k1% on cost · 1% 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$2.2m | -A$1.7m-27% on cost · -35% 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$2.4m | -A$1.9m-29% on cost · -39% on revenue |
Cost stack
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2 adjoining houses share a boundary with this site. Members see them.