Standalone site

Address locked, Bondi Junction

1 house today → about 130 homes as apartments, up to 18 storeys. About 2,000 m², 120 m frontage, zone MU1.

Residual land valueA$55.0m

Likely ask (1 house)A$30.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$25.0m

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 18 storeys (LEP controls)Local Environmental Plan · FSR 6:1 · 60 m	130	18	12,000 m²	A$210m	A$85.0m	A$55.0m	A$25.0m	A$60.0m49% on cost · 29% on revenue
Cost stack Construction 12,000 m² at A$5,500/m²A$70.0m Basement parkingA$4.3m DemolitionA$45k Consultants, DA and certification (9%)A$6.5m Contributions (A$28,000 per new home)A$3.5m Contingency (5%)A$4.0m 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$30.0m instead leaves A$60.0m pre-tax on a total development cost of A$130m.
Shop-top housing, up to 18 storeysLow and Mid-Rise (within 400 m) · FSR 6:1 · 60 m	110	18	12,000 m²	A$200m	A$85.0m	A$47.5m	A$17.5m	A$55.0m42% on cost · 27% on revenue
Cost stack Construction 12,000 m² at A$5,600/m²A$70.0m Basement parkingA$3.8m DemolitionA$45k Consultants, DA and certification (9%)A$6.5m Contributions (A$28,000 per new home)A$3.3m Contingency (5%)A$4.0m 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$30.0m instead leaves A$55.0m pre-tax on a total development cost of A$130m.

Site area: About 2,000 m² (35 m by 60 m)
Street frontage: About 120 m (measured against the road corridor)
Zone: MU1 Mixed Use · Waverley Local Environmental Plan 2012
LEP controls: FSR 6:1 · height 60 m · minimum lot not mapped
Nearest nominated centre: About 200 m to Bondi Junction station and town centre (straight line) · Within 400 m of a nominated centre
Land value: About A$25,000,000 at 1 July 2025, NSW Valuer General · from A$25,000,000 at 1 July 2022 (+0%)
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.