Standalone site

Address locked, Kingsford

1 house today → about 140 homes as apartments, up to 7 storeys. About 4,500 m², 250 m frontage, zone E2.

Residual land valueA$27.5m

Likely ask (1 house)A$22.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$5.5m

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	140	7	15,000 m²	A$180m	A$100m	A$27.5m	A$5.5m	A$27.5m21% on cost · 15% on revenue
Cost stack Construction 15,000 m² at A$5,500/m²A$75.0m Basement parkingA$4.8m DemolitionA$45k Consultants, DA and certification (9%)A$7.5m Contributions (A$28,000 per new home)A$4.0m Contingency (5%)A$4.5m 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$22.0m instead leaves A$27.5m pre-tax on a total development cost of A$130m.
Shop-top housing, up to 7 storeysLow and Mid-Rise (400 to 800 m) · FSR 3:1 · 24 m	110	7	15,000 m²	A$170m	A$95.0m	A$19.0m	-A$3.0m	A$24.0m19% on cost · 14% on revenue
Cost stack Construction 15,000 m² at A$5,600/m²A$80.0m Basement parkingA$4.0m DemolitionA$45k Consultants, DA and certification (9%)A$7.5m Contributions (A$28,000 per new home)A$3.3m Contingency (5%)A$4.5m 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$22.0m instead leaves A$24.0m pre-tax on a total development cost of A$130m.

Site area: About 4,500 m² (60 m by 125 m)
Street frontage: About 250 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 800 m to Kingsford Juniors light rail station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$19,000,000 at 1 July 2025, NSW Valuer General · from A$13,000,000 at 1 July 2021 (+45%)

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