Standalone site

Address locked, Crows Nest

1 house today → about 25 homes as shop-top housing, up to 6 storeys. About 1,500 m², 150 m frontage, zone E1.

Residual land valueA$9.0m

Likely ask (1 house)A$5.5mFrom the 1 July 2025 land value x 1.15

HeadroomA$3.5m

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 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 24 m	25	6	3,500 m²	A$47.5m	A$23.0m	A$9.0m	A$3.5m	A$11.0m36% on cost · 24% on revenue
Cost stack Construction 3,500 m² at A$5,600/m²A$19.0m Basement parkingA$850k DemolitionA$45k Consultants, DA and certification (9%)A$1.8m Contributions (A$28,000 per new home)A$650k Contingency (5%)A$1.1m 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$5.5m instead leaves A$11.0m pre-tax on a total development cost of A$30.0m.

Site area: About 1,500 m² (35 m by 40 m)
Street frontage: About 150 m (measured against the road corridor)
Zone: E1 Local Centre · North Sydney Local Environmental Plan 2013
LEP controls: FSR 1:1 · height 8.5 m · minimum lot not mapped
Nearest nominated centre: About 400 m to Crows Nest station (straight line) · Within 400 m of a nominated centre
Land value: About A$4,750,000 at 1 July 2025, NSW Valuer General · from A$4,000,000 at 1 July 2021 (+20%)
Notes: Holding of 3 parcels.