Standalone site

Address locked, Crows Nest

1 house today → about 65 homes as shop-top housing, up to 31 storeys. About 4,000 m², 175 m frontage, zone MU1.

Residual land valueA$23.0m

Likely ask (1 house)A$20.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$3.0m

Claim this site

A$182 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.

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
Shop-top housing, up to 31 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 104.2 m	65	31	9,000 m²	A$120m	A$60.0m	A$23.0m	A$3.0m	A$20.0m23% on cost · 17% on revenue
Cost stack Construction 9,000 m² at A$5,600/m²A$47.5m Basement parkingA$2.2m DemolitionA$45k Consultants, DA and certification (9%)A$4.5m Contributions (A$28,000 per new home)A$1.8m Contingency (5%)A$2.8m 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$20.0m instead leaves A$20.0m pre-tax on a total development cost of A$85.0m.

Site area: About 4,000 m² (60 m by 80 m)
Street frontage: About 175 m (measured against the road corridor)
Zone: MU1 Mixed Use · North Sydney Local Environmental Plan 2013
LEP controls: FSR not mapped · height 104.2 m · minimum lot not mapped
Nearest nominated centre: About 350 m to Crows Nest station (straight line) · Within 400 m of a nominated centre
Land value: About A$17,000,000 at 1 July 2025, NSW Valuer General · from A$14,000,000 at 1 July 2021 (+20%)
Notes: DA on record.
Latest DA: A development application is on record for this site. The member who claims it sees the application.

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