#1 · amalgamation Claimed
3 houses → 85 homes
Address locked, North Strathfield
Residual land valueA$27.5m
Likely askA$11.0m
HeadroomA$16.5m
Development › North Strathfield › Site #9
1 house today → about 10 homes as townhouses. About 600 m², 15 m frontage, zone R4.
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 |
|---|---|---|---|---|---|---|---|---|
| TownhousesLow and Mid-Rise · FSR 2.79999995:1 · 42 m | 10 | 2 | 1,750 m² | A$17.0m | A$8.0m | A$3.5m | A$1.2m | A$4.0m35% on cost · 23% on revenue |
Cost stack
| ||||||||
| Dual occupancyLow and Mid-Rise · FSR 2.79999995:1 · 42 m | 2 | 2 | 500 m² | A$5.0m | A$2.3m | A$1.2m | -A$1.1m | -A$475k-9% on cost · -10% on revenue |
Cost stack
| ||||||||
| Apartments, up to 12 storeysLow and Mid-Rise (400 to 800 m) · FSR 2.79999995:1 · 42 m | 15 | 12 | 1,750 m² | A$18.0m | A$12.0m | A$475k | -A$1.8m | A$500k3% on cost · 3% on revenue |
Cost stack
| ||||||||
| Apartments, up to 16 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 3.64:1 · 54.6 m | 20 | 16 | 2,250 m² | A$22.0m | A$15.0m | -A$210k | -A$2.5m | A$800k4% on cost · 4% on revenue |
Cost stack
| ||||||||
3 adjoining houses share a boundary with this site. Members see them.