Build DesignSolutions Development

Development › Strathfield › Site #23

Standalone site

Address locked, Strathfield

1 house today → about 10 homes as townhouses. About 2,500 m², 30 m frontage, zone R2.

Residual land valueA$7.5m
Likely ask (1 house)A$7.0mFrom the 1 July 2025 land value x 1.15
HeadroomA$500k
Claim this site

A$182 inc GST · 3 months

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.

Card payment through Stripe. Have an account? Sign in. A claim is exclusive on Build Design Solutions only: it gives no right over the property, and the owner can still sell to anyone. How claims work.

Every option the rules allow

OptionHomesStoreysGFARealisationCostsResidual land valueHeadroomProfit at likely ask
TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m 1021,750 m² A$23.0mA$8.0mA$7.5mA$500k A$4.3m26% on cost · 19% on revenue
Cost stack
  • Construction 1,750 m² at A$4,100/m²A$7.0m
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$600k
  • Contributions (A$28,000 per new home)A$275k
  • Contingency (5%)A$375k
  • 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$4.3m pre-tax on a total development cost of A$17.0m.
TerracesLow and Mid-Rise · FSR 0.7:1 · 9.5 m 52800 m² A$12.0mA$4.3mA$3.5m-A$3.5m -A$1.3m-11% on cost · -11% on revenue
Cost stack
  • Construction 800 m² at A$4,300/m²A$3.5m
  • Basement parkingA$170k
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$325k
  • Contributions (A$28,000 per new home)A$110k
  • Contingency (5%)A$200k
  • 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$1.3m pre-tax on a total development cost of A$13.0m.
Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m 22500 m² A$7.0mA$2.3mA$2.4m-A$4.6m -A$3.5m-35% on cost · -52% on revenue
Cost stack
  • Construction 500 m² at A$3,700/m²A$1.9m
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$170k
  • Contributions (A$28,000 per new home)A$28k
  • Contingency (5%)A$100k
  • 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$3.5m pre-tax on a total development cost of A$10.0m.
Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m 42450 m² A$5.0mA$2.5mA$950k-A$6.1m -A$6.0m-54% on cost · -116% on revenue
Cost stack
  • Construction 450 m² at A$4,400/m²A$1.9m
  • Basement parkingA$140k
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$190k
  • Contributions (A$28,000 per new home)A$85k
  • Contingency (5%)A$110k
  • 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$6.0m pre-tax on a total development cost of A$11.0m.

Site facts

Site area
About 2,500 m² (30 m by 80 m)
Street frontage
About 30 m (measured against the road corridor)
Zone
R2 Low Density Residential · Strathfield Local Environmental Plan 2012
LEP controls
FSR not mapped · height 9.5 m · minimum lot 560 m²
Nearest nominated centre
About 800 m to Flemington station (straight line) · 400 to 800 m from a nominated centre
Heritage
Conservation area: Merley Road Conservation Area, Strathfield- - Inter-War Bungalow Style Group
Land value
About A$6,000,000 at 1 July 2025, NSW Valuer General · from A$3,750,000 at 1 July 2021 (+60%)
Notes
Heritage conservation area.

Neighbours

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

Amalgamation options

#11 · amalgamation 3 houses → 20 homes

Address locked, Strathfield

Residual land valueA$15.0m
Likely askA$14.0m
HeadroomA$1.0m

5,000 m² · Townhouses · R2 · address locked

Heritage conservation areaDA on a house (Determined)