#1 · amalgamation Claimed
3 houses → 85 homes
Address locked, North Strathfield
Residual land valueA$27.5m
Likely askA$11.0m
HeadroomA$16.5m
Development › North Strathfield › Site #1
1 house today → about 35 homes as townhouses. About 2,000 m², 15 m frontage, zone R4.
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 2.79999995:1 · 42 m | 35 | 2 | 6,000 m² | A$55.0m | A$27.5m | A$12.0m | A$7.5m | A$14.0m41% on cost · 26% on revenue |
Cost stack
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| Apartments, up to 12 storeysLow and Mid-Rise (400 to 800 m) · FSR 2.79999995:1 · 42 m | 55 | 12 | 6,000 m² | A$60.0m | A$40.0m | A$1.6m | -A$2.9m | A$5.0m11% on cost · 8% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 2.79999995:1 · 42 m | 2 | 2 | 500 m² | A$5.0m | A$2.3m | A$1.2m | -A$3.3m | -A$2.8m-37% on cost · -55% on revenue |
Cost stack
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| Apartments, up to 16 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 3.64:1 · 54.6 m | 75 | 16 | 7,000 m² | A$75.0m | A$50.0m | -A$700k | -A$5.2m | A$7.5m13% on cost · 10% on revenue |
Cost stack
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9 adjoining houses share a boundary with this site. Members see them.