#2 · amalgamation
3 houses → 40 homes
Address locked, Burwood
Residual land valueA$16.0m
Likely askA$14.0m
HeadroomA$2.0m
Development › Burwood › Site #9
1 house today → about 20 homes as townhouses. About 1,750 m², 40 m frontage, zone R1.
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 |
|---|---|---|---|---|---|---|---|---|
| TownhousesLow and Mid-Rise · FSR 1.8:1 · 17 m | 20 | 2 | 3,000 m² | A$30.0m | A$15.0m | A$6.5m | A$500k | A$4.0m17% on cost · 13% on revenue |
Cost stack
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| Apartments, up to 5 storeys (LEP controls)Local Environmental Plan · FSR 1.8:1 · 17 m | 30 | 5 | 3,000 m² | A$35.0m | A$21.0m | A$3.5m | -A$2.5m | A$1.9m7% on cost · 6% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 1.8:1 · 17 m | 6 | 2 | 1,000 m² | A$11.0m | A$5.0m | A$2.1m | -A$3.9m | -A$2.0m-16% on cost · -18% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 1.8:1 · 17 m | 2 | 2 | 500 m² | A$5.0m | A$2.3m | A$1.3m | -A$4.7m | -A$4.5m-48% on cost · -89% on revenue |
Cost stack
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| Manor house (4 flats)Low and Mid-Rise · FSR 1.8:1 · 17 m | 4 | 2 | 450 m² | A$5.0m | A$2.5m | A$1.1m | -A$4.9m | -A$4.8m-49% on cost · -93% on revenue |
Cost stack
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3 adjoining houses share a boundary with this site. Members see them.