Standalone site

Address locked, Kingsford

1 house today → about 65 homes as apartments, up to 7 storeys. About 2,000 m², 80 m frontage, zone E2.

Residual land valueA$12.0m

Likely ask (1 house)A$6.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$6.0m

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
Apartments, up to 7 storeys (LEP controls)Local Environmental Plan · FSR 3:1 · 24 m	65	7	6,000 m²	A$80.0m	A$42.5m	A$12.0m	A$6.0m	A$18.0m35% on cost · 23% on revenue
Cost stack Construction 6,000 m² at A$5,500/m²A$35.0m Basement parkingA$2.1m DemolitionA$45k Consultants, DA and certification (9%)A$3.3m Contributions (A$28,000 per new home)A$1.7m Contingency (5%)A$2.0m 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$6.0m instead leaves A$18.0m pre-tax on a total development cost of A$50.0m.
Shop-top housing, up to 7 storeysLow and Mid-Rise (400 to 800 m) · FSR 3:1 · 24 m	50	7	6,000 m²	A$75.0m	A$42.5m	A$8.5m	A$2.5m	A$14.0m27% on cost · 19% on revenue
Cost stack Construction 6,000 m² at A$5,600/m²A$35.0m Basement parkingA$1.7m DemolitionA$45k Consultants, DA and certification (9%)A$3.3m Contributions (A$28,000 per new home)A$1.4m Contingency (5%)A$2.0m 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$6.0m instead leaves A$14.0m pre-tax on a total development cost of A$50.0m.

Site area: About 2,000 m² (40 m by 80 m)
Street frontage: About 80 m (measured against the road corridor)
Zone: E2 Commercial Centre · Randwick Local Environmental Plan 2012
LEP controls: FSR 3:1 · height 24 m · minimum lot not mapped
Nearest nominated centre: About 650 m to Kingsford Juniors light rail station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$5,000,000 at 1 July 2025, NSW Valuer General · from A$3,500,000 at 1 July 2021 (+45%)
Notes: Holding of 3 parcels.

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