#5 · amalgamation
3 houses → 15 homes
Address locked, Chatswood
Residual land valueA$13.0m
Likely askA$6.0m
HeadroomA$7.0m
Development › Chatswood › Site #62
1 house today → 5 homes as townhouses. About 1,100 m², 15 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 | 5 | 2 | 800 m² | A$11.0m | A$4.0m | A$3.3m | A$1.3m | A$3.3m50% on cost · 30% 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$400k | A$1.6m34% on cost · 23% 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$300k | A$500k10% on cost · 8% on revenue |
Cost stack
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4 adjoining houses share a boundary with this site. Members see them.