#1 · amalgamation
3 houses → 35 homes
Address locked, Artarmon
Residual land valueA$21.0m
Likely askA$20.0m
HeadroomA$1.0m
DA on a house (Determined)
Development › Artarmon › Site #11
1 house today → about 20 homes as townhouses. About 1,750 m², 80 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.
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 |
|---|---|---|---|---|---|---|---|---|
| TownhousesLow and Mid-Rise · FSR 2:1 · 36 m | 20 | 2 | 3,500 m² | A$42.5m | A$17.0m | A$12.0m | A$75k | A$6.5m21% on cost · 15% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 2:1 · 36 m | 15 | 2 | 2,000 m² | A$27.5m | A$11.0m | A$7.5m | -A$4.5m | -A$170k-1% on cost · -1% on revenue |
Cost stack
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| Apartments, up to 10 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 36 m | 40 | 10 | 3,500 m² | A$50.0m | A$25.0m | A$7.5m | -A$4.5m | A$4.5m11% on cost · 9% on revenue |
Cost stack
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| Apartments, up to 14 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 46.8 m | 50 | 14 | 5,000 m² | A$60.0m | A$35.0m | A$7.5m | -A$4.5m | A$2.5m5% on cost · 4% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 2:1 · 36 m | 2 | 2 | 500 m² | A$6.0m | A$2.3m | A$2.0m | -A$10.0m | -A$10.0m-64% on cost · -171% on revenue |
Cost stack
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1 adjoining houses share a boundary with this site. Members see them.
DA on a house (Determined)