#5 · amalgamation
2 houses → 7 homes
Address locked, Artarmon
Residual land valueA$4.5m
Likely askA$4.5m
HeadroomA$40k
Heritage conservation area
Development › Artarmon › Site #14
1 house today → 4 homes as terraces. About 900 m², 35 m frontage, zone R2.
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 |
|---|---|---|---|---|---|---|---|---|
| TerracesLow and Mid-Rise · FSR 0.7:1 · 9.5 m | 4 | 2 | 600 m² | A$8.5m | A$3.5m | A$2.3m | A$5k | A$1.3m21% on cost · 15% on revenue |
Cost stack
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| TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m | 4 | 2 | 600 m² | A$7.5m | A$3.3m | A$2.1m | -A$200k | A$700k11% on cost · 9% on revenue |
Cost stack
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| Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m | 2 | 2 | 500 m² | A$6.0m | A$2.3m | A$2.0m | -A$300k | A$400k8% on cost · 7% on revenue |
Cost stack
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| Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m | 4 | 2 | 450 m² | A$5.5m | A$2.5m | A$1.4m | -A$900k | -A$250k-5% on cost · -5% on revenue |
Cost stack
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4 adjoining houses share a boundary with this site. Members see them.
Heritage conservation area