Standalone site

Address locked, Crows Nest

1 house today → about 75 homes as apartments, up to 46 storeys. About 1,000 m², 80 m frontage, zone MU1.

Residual land valueA$30.0m

Likely ask (1 house)A$14.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$16.0m

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 46 storeys (LEP controls)Local Environmental Plan · FSR 7.5:1 · 155 m	75	46	7,000 m²	A$120m	A$50.0m	A$30.0m	A$16.0m	A$37.5m53% on cost · 31% on revenue
Cost stack Construction 7,000 m² at A$5,500/m²A$40.0m Basement parkingA$2.5m DemolitionA$45k Consultants, DA and certification (9%)A$3.8m Contributions (A$28,000 per new home)A$2.0m Contingency (5%)A$2.3m 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$14.0m instead leaves A$37.5m pre-tax on a total development cost of A$70.0m.
Shop-top housing, up to 46 storeysLow and Mid-Rise (within 400 m) · FSR 7.5:1 · 155 m	70	46	7,000 m²	A$110m	A$50.0m	A$25.0m	A$11.0m	A$27.5m41% on cost · 26% on revenue
Cost stack Construction 7,000 m² at A$5,600/m²A$40.0m Basement parkingA$2.3m DemolitionA$45k Consultants, DA and certification (9%)A$3.8m Contributions (A$28,000 per new home)A$1.9m Contingency (5%)A$2.3m 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$14.0m instead leaves A$27.5m pre-tax on a total development cost of A$70.0m.

Site area: About 1,000 m² (30 m by 45 m)
Street frontage: About 80 m (measured against the road corridor)
Zone: MU1 Mixed Use · North Sydney Local Environmental Plan 2013
LEP controls: FSR 7.5:1 · height 155 m · minimum lot not mapped
Nearest nominated centre: About 250 m to Crows Nest station (straight line) · Within 400 m of a nominated centre
Land value: About A$13,000,000 at 1 July 2025, NSW Valuer General · from A$12,000,000 at 1 July 2022 (+10%)

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