#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
1 house today → about 10 homes as apartments, up to 10 storeys. About 500 m², 12 m frontage, zone R4.
| Option | Homes | Storeys | GFA | Realisation | Costs | Residual land value | Headroom | Profit at likely ask |
|---|---|---|---|---|---|---|---|---|
| Apartments, up to 10 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 36 m | 10 | 10 | 1,200 m² | A$16.0m | A$8.5m | A$2.4m | -A$1.4m | A$1.0m8% on cost · 6% 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 | 15 | 14 | 1,500 m² | A$20.0m | A$11.0m | A$2.4m | -A$1.4m | A$1.8m11% on cost · 9% 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$1.8m | -A$1.1m-17% on cost · -19% 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)