#12 · amalgamation
2 houses → 9 homes
Address locked, Strathfield
Residual land valueA$7.0m
Likely askA$6.0m
HeadroomA$1.0m
Development › Strathfield › Site #25
1 house today → 6 homes as terraces. About 600 m², 50 m frontage, zone R3.
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 |
|---|---|---|---|---|---|---|---|---|
| TerracesLow and Mid-Rise · FSR 1.45:1 · 14 m | 6 | 2 | 800 m² | A$14.0m | A$4.5m | A$5.0m | A$750k | A$3.0m31% on cost · 22% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 1.45:1 · 14 m | 2 | 2 | 500 m² | A$7.0m | A$2.3m | A$2.4m | -A$1.9m | -A$750k-10% on cost · -11% on revenue |
Cost stack
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| Apartments, up to 4 storeysLow and Mid-Rise (400 to 800 m) · FSR 1.5:1 · 17.5 m | 8 | 4 | 900 m² | A$10.0m | A$5.5m | A$1.4m | -A$2.9m | -A$1.6m-14% on cost · -16% on revenue |
Cost stack
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| Apartments, up to 6 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 1.95:1 · 22.8 m | 10 | 6 | 1,100 m² | A$12.0m | A$8.0m | A$550k | -A$3.7m | -A$2.5m-19% on cost · -21% on revenue |
Cost stack
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1 adjoining houses share a boundary with this site. Members see them.