#8 · amalgamation
3 houses → 15 homes
Address locked, Chatswood
Residual land valueA$12.0m
Likely askA$6.5m
HeadroomA$5.5m
Development › Chatswood › Site #53
1 house today → 8 homes as townhouses. About 1,750 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.
This site is A$387 because its best option clears a 40% margin on cost at the likely ask. Other sites are A$182. 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 | 8 | 2 | 1,200 m² | A$17.0m | A$6.0m | A$5.5m | A$2.5m | A$5.5m54% on cost · 32% 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$500k | A$2.8m36% on cost · 24% 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$7.0m | A$2.3m | A$2.4m | -A$600k | A$550k9% on cost · 8% 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$6.0m | A$2.5m | A$1.7m | -A$1.3m | -A$550k-9% on cost · -9% on revenue |
Cost stack
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2 adjoining houses share a boundary with this site. Members see them.