#6 · amalgamation
2 houses → 10 homes
Address locked, Burwood
Residual land valueA$5.5m
Likely askA$5.0m
HeadroomA$500k
Heritage conservation area
Development › Burwood › Site #11
1 house today → 6 homes as terraces. About 1,250 m², 50 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 |
|---|---|---|---|---|---|---|---|---|
| TerracesLow and Mid-Rise · FSR 0.7:1 · 9.5 m | 6 | 2 | 900 m² | A$11.0m | A$4.8m | A$2.5m | A$100k | A$2.1m26% on cost · 19% on revenue |
Cost stack
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| TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m | 5 | 2 | 800 m² | A$8.0m | A$4.0m | A$1.5m | -A$900k | A$230k3% on cost · 3% 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$5.0m | A$2.3m | A$1.3m | -A$1.1m | -A$600k-11% on cost · -12% 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$5.0m | A$2.5m | A$1.1m | -A$1.3m | -A$800k-15% on cost · -16% on revenue |
Cost stack
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2 adjoining houses share a boundary with this site. Members see them.
Heritage conservation area