Standalone site

Address locked, Chatswood

1 house today → about 55 homes as apartments, up to 27 storeys. About 900 m², 25 m frontage, zone MU1.

Residual land valueA$14.0m

Likely ask (1 house)A$4.3mFrom the 1 July 2025 land value x 1.15

HeadroomA$9.8m

Claim this site

A$387 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.

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
Apartments, up to 27 storeys (LEP controls)Local Environmental Plan · FSR 6:1 · 90 m	55	27	6,000 m²	A$75.0m	A$37.5m	A$14.0m	A$9.8m	A$21.0m47% on cost · 28% on revenue
Cost stack Construction 6,000 m² at A$5,500/m²A$30.0m Basement parkingA$1.9m DemolitionA$45k Consultants, DA and certification (9%)A$3.0m Contributions (A$28,000 per new home)A$1.5m Contingency (5%)A$1.8m 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$4.3m instead leaves A$21.0m pre-tax on a total development cost of A$45.0m.
Shop-top housing, up to 27 storeysLow and Mid-Rise (within 400 m) · FSR 6:1 · 90 m	50	27	6,000 m²	A$75.0m	A$37.5m	A$12.0m	A$7.8m	A$21.0m47% on cost · 28% on revenue
Cost stack Construction 6,000 m² at A$5,600/m²A$30.0m Basement parkingA$1.7m DemolitionA$45k Consultants, DA and certification (9%)A$3.0m Contributions (A$28,000 per new home)A$1.4m Contingency (5%)A$1.8m 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$4.3m instead leaves A$21.0m pre-tax on a total development cost of A$45.0m.

Site area: About 900 m² (30 m by 30 m)
Street frontage: About 25 m (measured against the road corridor)
Zone: MU1 Mixed Use · Willoughby Local Environmental Plan 2012
LEP controls: FSR 6:1 · height 90 m · minimum lot not mapped
Nearest nominated centre: About 50 m to Chatswood station and town centre (straight line) · Within 400 m of a nominated centre
Land value: About A$3,500,000 at 1 July 2025, NSW Valuer General · from A$2,400,000 at 1 July 2021 (+45%)

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

#2 · amalgamation 3 houses → 110 homes

Residual land valueA$27.5m

Likely askA$11.0m

HeadroomA$16.5m

1,750 m² · Apartments, up to 27 storeys · MU1 · address locked