#9 · amalgamation
3 houses → 20 homes
Address locked, Chatswood
Residual land valueA$14.0m
Likely askA$9.5m
HeadroomA$4.5m
Development › Chatswood › Site #151
1 house today → 6 homes as townhouses. About 1,500 m², 20 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 | 6 | 2 | 1,000 m² | A$13.0m | A$4.8m | A$3.8m | A$500k | A$3.0m33% on cost · 23% 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$850k | A$300k5% on cost · 4% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 0.7:1 · 9.5 m | 3 | 2 | 500 m² | A$7.0m | A$2.5m | A$2.2m | -A$1.1m | A$75k1% on cost · 1% 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$1.6m | -A$800k-13% on cost · -13% on revenue |
Cost stack
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5 adjoining houses share a boundary with this site. Members see them.