Standalone site

Address locked, Bondi Junction

1 house today → about 40 homes as apartments, up to 12 storeys. About 700 m², 80 m frontage, zone E2.

Residual land valueA$17.0m

Likely ask (1 house)A$10.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$7.0m

Claim this site

A$387 inc GST · 3 months

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
Apartments, up to 12 storeys (LEP controls)Local Environmental Plan · FSR 5.5:1 · 40 m	40	12	4,000 m²	A$65.0m	A$27.5m	A$17.0m	A$7.0m	A$17.0m42% on cost · 26% on revenue
Cost stack Construction 4,000 m² at A$5,500/m²A$21.0m Basement parkingA$1.3m DemolitionA$45k Consultants, DA and certification (9%)A$2.0m Contributions (A$28,000 per new home)A$1.1m Contingency (5%)A$1.2m Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$10.0m instead leaves A$17.0m pre-tax on a total development cost of A$40.0m.
Shop-top housing, up to 12 storeysLow and Mid-Rise (within 400 m) · FSR 5.5:1 · 40 m	35	12	4,000 m²	A$60.0m	A$27.5m	A$15.0m	A$5.0m	A$13.0m31% on cost · 21% on revenue
Cost stack Construction 4,000 m² at A$5,600/m²A$21.0m Basement parkingA$1.2m DemolitionA$45k Consultants, DA and certification (9%)A$2.0m Contributions (A$28,000 per new home)A$900k Contingency (5%)A$1.2m Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$10.0m instead leaves A$13.0m pre-tax on a total development cost of A$40.0m.

Site area: About 700 m² (25 m by 35 m)
Street frontage: About 80 m (measured against the road corridor)
Zone: E2 Commercial Centre · Waverley Local Environmental Plan 2012
LEP controls: FSR 5.5:1 · height 40 m · minimum lot not mapped
Nearest nominated centre: About 50 m to Bondi Junction station and town centre (straight line) · Within 400 m of a nominated centre
Land value: About A$8,500,000 at 1 July 2025, NSW Valuer General · from A$7,000,000 at 1 July 2021 (+20%)
Notes: Holding of 2 parcels. DA on record.
Latest DA: A development application is on record for this site. The member who claims it sees the application.

1 adjoining houses share a boundary with this site. Members see them.

#5 · amalgamation 2 houses → 45 homes

Residual land valueA$21.0m

Likely askA$13.0m

HeadroomA$8.0m

800 m² · Apartments, up to 12 storeys · E2 · address locked

DA on a house (Determined)