#8 · amalgamation
3 houses → 95 homes
Address locked, Rose Bay
Residual land valueA$55.0m
Likely askA$45.0m
HeadroomA$10.0m
Development › Rose Bay › Site #37
1 house today → about 60 homes as apartments, up to 8 storeys + bonus. About 2,000 m², 30 m frontage, zone R3.
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 + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 28.6 m | 60 | 8 | 6,000 m² | A$110m | A$40.0m | A$35.0m | A$5.0m | A$22.0m29% on cost · 20% 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 | 45 | 6 | 4,500 m² | A$90.0m | A$30.0m | A$30.0m | -A$1.3m | A$16.0m23% on cost · 17% on revenue |
Cost stack
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| TownhousesLow and Mid-Rise · FSR 1:1 · 10.5 m | 15 | 2 | 2,000 m² | A$50.0m | A$10.0m | A$25.0m | -A$5.0m | A$1.9m4% on cost · 4% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 1:1 · 10.5 m | 5 | 2 | 800 m² | A$21.0m | A$4.3m | A$10.0m | -A$20.0m | -A$18.0m-47% on cost · -87% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 1:1 · 10.5 m | 2 | 2 | 500 m² | A$12.0m | A$2.3m | A$6.5m | -A$23.5m | -A$25.0m-68% on cost · -207% on revenue |
Cost stack
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3 adjoining houses share a boundary with this site. Members see them.