#11 · amalgamation
3 houses → 15 homes
Address locked, Chatswood
Residual land valueA$10.0m
Likely askA$7.0m
HeadroomA$3.0m
Development › Chatswood › Site #60
1 house today → 6 homes as townhouses. About 1,500 m², 15 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.
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 |
|---|---|---|---|---|---|---|---|---|
| TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m | 6 | 2 | 1,000 m² | A$13.0m | A$4.8m | A$4.0m | A$1.6m | A$3.8m49% on cost · 29% on revenue |
Cost stack
| ||||||||
| Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m | 2 | 2 | 500 m² | A$7.0m | A$2.3m | A$2.4m | A$35k | A$1.2m23% on cost · 17% on revenue |
Cost stack
| ||||||||
| Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m | 4 | 2 | 450 m² | A$6.0m | A$2.5m | A$1.7m | -A$700k | A$85k2% on cost · 1% on revenue |
Cost stack
| ||||||||
5 adjoining houses share a boundary with this site. Members see them.