#2 · amalgamation
2 houses → 25 homes
Address locked, Strathfield
Residual land valueA$16.0m
Likely askA$4.0m
HeadroomA$12.0m
Development › Strathfield › Site #6
1 house today → about 10 homes as townhouses. About 800 m², 30 m frontage, zone R4.
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 2.5:1 · 21 m | 10 | 2 | 2,000 m² | A$25.0m | A$9.5m | A$8.0m | A$5.7m | A$9.5m73% on cost · 37% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 2.5:1 · 21 m | 5 | 2 | 800 m² | A$12.0m | A$4.3m | A$3.5m | A$1.2m | A$3.5m50% on cost · 30% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 2.5:1 · 21 m | 2 | 2 | 500 m² | A$7.0m | A$2.3m | A$2.4m | A$100k | A$1.3m25% on cost · 18% on revenue |
Cost stack
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| Apartments, up to 6 storeysLow and Mid-Rise (400 to 800 m) · FSR 2.5:1 · 21 m | 20 | 6 | 2,000 m² | A$22.0m | A$13.0m | A$1.7m | -A$600k | A$3.0m18% on cost · 13% on revenue |
Cost stack
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| Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 3.25:1 · 27.3 m | 25 | 8 | 2,500 m² | A$27.5m | A$17.0m | A$1.1m | -A$1.2m | A$3.5m17% on cost · 13% on revenue |
Cost stack
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1 adjoining houses share a boundary with this site. Members see them.