#4 · amalgamation
2 houses → 9 homes
Address locked, Artarmon
Residual land valueA$5.0m
Likely askA$4.8m
HeadroomA$250k
Heritage conservation area
Development › Artarmon › Site
1 house today → 4 homes as townhouses. About 1,000 m², 15 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 | 4 | 2 | 700 m² | A$7.5m | A$3.3m | A$2.0m | -A$400k | A$600k10% on cost · 8% 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$6.0m | A$2.3m | A$2.0m | -A$400k | A$300k6% on cost · 5% on revenue |
Cost stack
| ||||||||
| Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m | 4 | 2 | 450 m² | A$5.5m | A$2.5m | A$1.4m | -A$1.0m | -A$350k-7% on cost · -6% on revenue |
Cost stack
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2 adjoining houses share a boundary with this site. Members see them.
Heritage conservation area