Standalone site

Address locked, Kingsford

1 house today → about 60 homes as apartments, up to 7 storeys. About 2,000 m², 120 m frontage, zone E2.

Residual land valueA$12.0m

Likely ask (1 house)A$4.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$8.0m

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	60	7	6,000 m²	A$75.0m	A$40.0m	A$12.0m	A$8.0m	A$19.0m39% on cost · 25% on revenue
Cost stack Construction 6,000 m² at A$5,500/m²A$32.5m Basement parkingA$2.0m DemolitionA$45k Consultants, DA and certification (9%)A$3.0m Contributions (A$28,000 per new home)A$1.6m Contingency (5%)A$1.9m 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$4.0m instead leaves A$19.0m pre-tax on a total development cost of A$47.5m.
Shop-top housing, up to 7 storeysLow and Mid-Rise (400 to 800 m) · FSR 3:1 · 24 m	45	7	6,000 m²	A$70.0m	A$40.0m	A$8.0m	A$4.0m	A$14.0m30% on cost · 21% on revenue
Cost stack Construction 6,000 m² at A$5,600/m²A$32.5m Basement parkingA$1.6m DemolitionA$45k Consultants, DA and certification (9%)A$3.0m Contributions (A$28,000 per new home)A$1.3m Contingency (5%)A$1.9m 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$4.0m instead leaves A$14.0m pre-tax on a total development cost of A$47.5m.

Site area: About 2,000 m² (45 m by 60 m)
Street frontage: About 120 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 500 m to Kingsford Juniors light rail station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$3,500,000 at 1 July 2025, NSW Valuer General · from A$2,500,000 at 1 July 2021 (+40%)

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