#2 · amalgamation
2 houses → 90 homes
Address locked, Rose Bay
Residual land valueA$50.0m
Likely askA$37.5m
HeadroomA$12.5m
Development › Rose Bay › Site #4
1 house today → about 55 homes as apartments, up to 8 storeys + bonus. About 1,750 m², 40 m frontage, zone R3.
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 |
|---|---|---|---|---|---|---|---|---|
| Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 28.6 m | 55 | 8 | 5,000 m² | A$95.0m | A$35.0m | A$30.0m | A$8.0m | A$23.0m37% on cost · 24% on revenue |
Cost stack
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| Apartments, up to 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 22 m | 40 | 6 | 4,000 m² | A$80.0m | A$27.5m | A$25.0m | A$3.0m | A$18.0m33% on cost · 22% on revenue |
Cost stack
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| TownhousesLow and Mid-Rise · FSR 1:1 · 10.5 m | 10 | 2 | 1,750 m² | A$45.0m | A$9.0m | A$23.0m | A$1.0m | A$7.0m20% on cost · 15% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 1:1 · 10.5 m | 6 | 2 | 1,000 m² | A$25.0m | A$5.0m | A$12.0m | -A$10.0m | -A$6.5m-21% on cost · -25% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 1:1 · 10.5 m | 2 | 2 | 500 m² | A$12.0m | A$2.3m | A$6.5m | -A$15.5m | -A$16.0m-58% on cost · -132% on revenue |
Cost stack
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2 adjoining houses share a boundary with this site. Members see them.