#11 · amalgamation
3 houses → 20 homes
Address locked, Strathfield
Residual land valueA$15.0m
Likely askA$14.0m
HeadroomA$1.0m
Heritage conservation areaDA on a house (Determined)
Development › Strathfield › Site #23
1 house today → about 10 homes as townhouses. About 2,500 m², 30 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 |
|---|---|---|---|---|---|---|---|---|
| TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m | 10 | 2 | 1,750 m² | A$23.0m | A$8.0m | A$7.5m | A$500k | A$4.3m26% on cost · 19% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 0.7:1 · 9.5 m | 5 | 2 | 800 m² | A$12.0m | A$4.3m | A$3.5m | -A$3.5m | -A$1.3m-11% on cost · -11% on revenue |
Cost stack
| ||||||||
| Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m | 2 | 2 | 500 m² | A$7.0m | A$2.3m | A$2.4m | -A$4.6m | -A$3.5m-35% on cost · -52% on revenue |
Cost stack
| ||||||||
| Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m | 4 | 2 | 450 m² | A$5.0m | A$2.5m | A$950k | -A$6.1m | -A$6.0m-54% on cost · -116% on revenue |
Cost stack
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1 adjoining houses share a boundary with this site. Members see them.
Heritage conservation areaDA on a house (Determined)