Address locked, Bondi Junction

1 house today → about 30 homes as apartments, up to 9 storeys. About 800 m², 12 m frontage, zone MU1.

Residual land valueA$14.0m

Likely ask (1 house)A$7.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$7.0m

Claimed

Claimed until 3 Feb 2027

Another member holds a claim on this site or a holding it is part of. It cannot be claimed again until then.

Pro members see the exact figures and the neighbours for this site. Go Pro for every site, or claim a single site from its page.

Option	Homes	Storeys	GFA	Realisation	Costs	Residual land value	Headroom	Profit at likely ask
Apartments, up to 9 storeys (LEP controls)Local Environmental Plan · FSR 4:1 · 32 m	30	9	3,000 m²	A$50.0m	A$22.0m	A$14.0m	A$7.0m	A$13.0m41% on cost · 26% on revenue
Cost stack Construction 3,000 m² at A$5,500/m²A$17.0m Basement parkingA$1.1m DemolitionA$45k Consultants, DA and certification (9%)A$1.6m Contributions (A$28,000 per new home)A$850k Contingency (5%)A$1.0m Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$7.0m instead leaves A$13.0m pre-tax on a total development cost of A$32.5m.
Shop-top housing, up to 9 storeysLow and Mid-Rise (within 400 m) · FSR 4:1 · 32 m	25	9	3,000 m²	A$47.5m	A$22.0m	A$11.0m	A$4.0m	A$11.0m34% on cost · 23% on revenue
Cost stack Construction 3,000 m² at A$5,600/m²A$17.0m Basement parkingA$900k DemolitionA$45k Consultants, DA and certification (9%)A$1.6m Contributions (A$28,000 per new home)A$700k Contingency (5%)A$1.0m Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$7.0m instead leaves A$11.0m pre-tax on a total development cost of A$32.5m.

Site area: About 800 m² (25 m by 50 m)
Street frontage: About 12 m (measured against the road corridor)
Zone: MU1 Mixed Use · Waverley Local Environmental Plan 2012
LEP controls: FSR 4:1 · height 32 m · minimum lot not mapped
Nearest nominated centre: About 150 m to Bondi Junction station and town centre (straight line) · Within 400 m of a nominated centre
Land value: About A$6,000,000 at 1 July 2025, NSW Valuer General · from A$5,500,000 at 1 July 2021 (+10%)
Notes: Holding of 2 parcels.

3 adjoining houses share a boundary with this site. Members see them.

#1 · amalgamation Claimed 3 houses → 150 homes

Residual land valueA$65.0m

Likely askA$35.0m

HeadroomA$30.0m

3,500 m² · Apartments, up to 9 storeys · MU1 · address locked