Build DesignSolutions Development

Development › Bondi Junction › Site #3

Standalone site

Address locked, Bondi Junction

1 house today → about 130 homes as shop-top housing, up to 9 storeys. About 2,250 m², 100 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.

Card payment through Stripe. Have an account? Sign in. A claim is exclusive on Build Design Solutions only: it gives no right over the property, and the owner can still sell to anyone. How claims work.

Every option the rules allow

OptionHomesStoreysGFARealisationCostsResidual land valueHeadroomProfit at likely ask
Shop-top housing, up to 9 storeysLow and Mid-Rise (within 400 m) · FSR 6:1 · 32 m 130915,000 m² A$220mA$100mA$55.0mA$25.0m A$55.0m39% on cost · 25% on revenue
Cost stack
  • Construction 15,000 m² at A$5,600/m²A$80.0m
  • Basement parkingA$4.5m
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$7.5m
  • Contributions (A$28,000 per new home)A$3.5m
  • Contingency (5%)A$4.5m
  • 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$140m.
Apartments, up to 9 storeys (LEP controls)Local Environmental Plan · FSR 6:1 · 32 m 120912,000 m² A$190mA$80.0mA$55.0mA$25.0m A$50.0m41% on cost · 26% on revenue
Cost stack
  • Construction 12,000 m² at A$5,500/m²A$65.0m
  • Basement parkingA$4.0m
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$6.0m
  • Contributions (A$28,000 per new home)A$3.3m
  • Contingency (5%)A$3.8m
  • 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$30.0m instead leaves A$50.0m pre-tax on a total development cost of A$120m.

Site facts

Site area
About 2,250 m² (45 m by 50 m)
Street frontage
About 100 m (measured against the road corridor)
Zone
MU1 Mixed Use · Waverley Local Environmental Plan 2012
LEP controls
FSR 6:1 · height 32 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$23,000,000 at 1 July 2021 (+10%)