#12 · amalgamation
3 houses → 40 homes
Address locked, Rose Bay
Residual land valueA$23.0m
Likely askA$15.0m
HeadroomA$8.0m
DA on a house (Under Assessment)
Development › Rose Bay › Site #39
1 house today → about 20 homes as apartments, up to 8 storeys + bonus. About 600 m², 15 m frontage, zone R3.
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 |
|---|---|---|---|---|---|---|---|---|
| Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 28.6 m | 20 | 8 | 1,750 m² | A$35.0m | A$13.0m | A$11.0m | A$3.5m | A$9.0m40% on cost · 26% on revenue |
Cost stack
| ||||||||
| Apartments, up to 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 22 m | 15 | 6 | 1,500 m² | A$27.5m | A$10.0m | A$9.5m | A$2.0m | A$5.5m29% on cost · 20% on revenue |
Cost stack
| ||||||||
| TownhousesLow and Mid-Rise · FSR 1:1 · 9.5 m | 4 | 2 | 600 m² | A$15.0m | A$3.3m | A$7.5m | -A$50k | A$1.9m16% on cost · 12% on revenue |
Cost stack
| ||||||||
| Dual occupancyLow and Mid-Rise · FSR 1:1 · 9.5 m | 2 | 2 | 500 m² | A$12.0m | A$2.3m | A$6.5m | -A$1.0m | A$250k2% on cost · 2% on revenue |
Cost stack
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2 adjoining houses share a boundary with this site. Members see them.
DA on a house (Under Assessment)