#1 · amalgamation Claimed
3 houses → 15 homes
Address locked, Sylvania
Residual land valueA$3.8m
Likely askA$3.3m
HeadroomA$500k
Development › Sylvania › Site #2
1 house today → 6 homes as townhouses. About 1,250 m², 18 m frontage, zone R2.
Another member holds a claim on this site or a holding it is part of. It cannot be claimed again until then.
| 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 | 6 | 2 | 900 m² | A$8.5m | A$4.5m | A$1.4m | A$300k | A$1.5m24% on cost · 17% on revenue |
Cost stack
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| Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m | 2 | 2 | 500 m² | A$4.5m | A$2.3m | A$900k | -A$200k | A$325k9% on cost · 7% on revenue |
Cost stack
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| Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m | 4 | 2 | 450 m² | A$4.5m | A$2.5m | A$600k | -A$500k | A$120k3% on cost · 3% on revenue |
Cost stack
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3 adjoining houses share a boundary with this site. Members see them.