#6 · amalgamation
2 houses → 20 homes
Address locked, Strathfield
Residual land valueA$12.0m
Likely askA$5.5m
HeadroomA$6.5m
Development › Strathfield › Site #12
1 house today → 8 homes as terraces. About 600 m², 50 m frontage, zone R4.
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.
This site is A$387 because its best option clears a 40% margin on cost at the likely ask. Other sites are A$182. One claim credit claims any site.
| Option | Homes | Storeys | GFA | Realisation | Costs | Residual land value | Headroom | Profit at likely ask |
|---|---|---|---|---|---|---|---|---|
| TerracesLow and Mid-Rise · FSR 2.79999995:1 · 21 m | 8 | 2 | 1,250 m² | A$18.0m | A$7.0m | A$6.0m | A$2.8m | A$5.0m44% on cost · 27% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 2.79999995:1 · 21 m | 2 | 2 | 500 m² | A$7.0m | A$2.3m | A$2.4m | -A$850k | A$300k5% on cost · 4% on revenue |
Cost stack
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| Apartments, up to 6 storeysLow and Mid-Rise (400 to 800 m) · FSR 2.79999995:1 · 21 m | 15 | 6 | 1,500 m² | A$18.0m | A$11.0m | A$1.4m | -A$1.9m | A$600k4% on cost · 3% on revenue |
Cost stack
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| Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 3.64:1 · 27.3 m | 20 | 8 | 2,000 m² | A$22.0m | A$14.0m | A$900k | -A$2.4m | A$900k5% on cost · 4% on revenue |
Cost stack
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1 adjoining houses share a boundary with this site. Members see them.