#3 · amalgamation
3 houses → 10 homes
Address locked, Sylvania
Residual land valueA$3.8m
Likely askA$3.8m
HeadroomA$23k
DA on a house (Determined)
Development › Sylvania › Site
1 house today → 6 homes as townhouses. About 1,250 m², 20 m frontage, zone R2.
| Option | Homes | Storeys | GFA | Realisation | Costs | Residual land value | Headroom | Profit at likely ask |
|---|---|---|---|---|---|---|---|---|
| TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m | 6 | 2 | 900 m² | A$8.5m | A$4.5m | A$1.3m | -A$100k | A$1.2m18% on cost · 14% on revenue |
Cost stack
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| Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m | 2 | 2 | 500 m² | A$4.5m | A$2.3m | A$900k | -A$500k | A$23k1% on cost · 1% on revenue |
Cost stack
| ||||||||
| TerracesLow and Mid-Rise · FSR 0.7:1 · 9.5 m | 3 | 2 | 500 m² | A$4.8m | A$2.5m | A$600k | -A$800k | A$28k1% on cost · 1% on revenue |
Cost stack
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| Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m | 4 | 2 | 450 m² | A$4.5m | A$2.5m | A$600k | -A$800k | -A$190k-4% on cost · -4% on revenue |
Cost stack
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1 adjoining houses share a boundary with this site. Members see them.
DA on a house (Determined)