#1 · amalgamation
2 houses → 30 homes
Address locked, Burwood
Residual land valueA$11.0m
Likely askA$9.0m
HeadroomA$2.0m
Development › Burwood › Site
1 house today → about 15 homes as townhouses. About 1,100 m², 20 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 | 15 | 2 | 2,000 m² | A$21.0m | A$10.0m | A$4.3m | -A$250k | A$3.0m19% on cost · 14% on revenue |
Cost stack
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| Apartments, up to 5 storeys (LEP controls)Local Environmental Plan · FSR 1.8:1 · 17 m | 20 | 5 | 2,000 m² | A$25.0m | A$14.0m | A$2.4m | -A$2.1m | A$2.2m11% on cost · 9% 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$3.2m | -A$2.8m-37% on cost · -55% 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$3.4m | -A$3.0m-38% on cost · -60% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 1.8:1 · 17 m | 3 | 2 | 500 m² | A$5.5m | A$2.5m | A$1.0m | -A$3.5m | -A$2.5m-33% on cost · -46% on revenue |
Cost stack
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2 adjoining houses share a boundary with this site. Members see them.