#1 · amalgamation Claimed
3 houses → 90 homes
Address locked, Edgecliff
Residual land valueA$47.5m
Likely askA$35.0m
HeadroomA$12.5m
Heritage conservation area
Development › Edgecliff › Site #9
1 house today → about 20 homes as apartments, up to 8 storeys + bonus. About 700 m², 50 m frontage, zone R3.
Another member holds a claim on this site or a holding it is part of. It cannot be claimed again until then.
| Option | Homes | Storeys | GFA | Realisation | Costs | Residual land value | Headroom | Profit at likely ask |
|---|---|---|---|---|---|---|---|---|
| Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 28.6 m | 20 | 8 | 2,000 m² | A$35.0m | A$14.0m | A$11.0m | A$2.0m | A$6.5m25% on cost · 18% on revenue |
Cost stack
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| Apartments, up to 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 22 m | 15 | 6 | 1,500 m² | A$30.0m | A$11.0m | A$9.5m | A$500k | A$5.0m23% on cost · 17% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 0.7:1 · 10.5 m | 3 | 2 | 500 m² | A$11.0m | A$2.5m | A$4.8m | -A$4.3m | -A$2.4m-19% on cost · -22% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 0.65:1 · 10.5 m | 2 | 2 | 450 m² | A$9.0m | A$2.0m | A$4.3m | -A$4.8m | -A$3.8m-29% on cost · -40% on revenue |
Cost stack
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| TownhousesLow and Mid-Rise · FSR 0.7:1 · 10.5 m | 3 | 2 | 500 m² | A$9.5m | A$2.4m | A$4.3m | -A$4.8m | -A$3.5m-28% on cost · -38% on revenue |
Cost stack
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2 adjoining houses share a boundary with this site. Members see them.
Heritage conservation area