#8 · amalgamation
3 houses → 35 homes
Address locked, Bondi Junction
Residual land valueA$13.0m
Likely askA$7.0m
HeadroomA$6.0m
Development › Bondi Junction › Site #18
1 house today → 8 homes as townhouses. About 600 m², 20 m frontage, zone R4.
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.
This site is A$387 because its best option clears a 40% margin on cost at the likely ask. Other sites are A$182. One claim credit claims any site.
| Option | Homes | Storeys | GFA | Realisation | Costs | Residual land value | Headroom | Profit at likely ask |
|---|---|---|---|---|---|---|---|---|
| TownhousesLow and Mid-Rise · FSR 2:1 · 28 m | 8 | 2 | 1,200 m² | A$19.0m | A$6.0m | A$7.0m | A$3.0m | A$6.0m55% on cost · 32% on revenue |
Cost stack
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| Apartments, up to 10 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 36.4 m | 20 | 10 | 1,750 m² | A$27.5m | A$12.0m | A$7.0m | A$3.0m | A$7.0m41% on cost · 26% on revenue |
Cost stack
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| Apartments, up to 8 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 28 m | 15 | 8 | 1,250 m² | A$23.0m | A$9.5m | A$6.0m | A$2.0m | A$6.0m40% on cost · 25% on revenue |
Cost stack
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| Dual occupancyLow and Mid-Rise · FSR 2:1 · 28 m | 2 | 2 | 500 m² | A$8.0m | A$2.3m | A$3.0m | -A$1.0m | A$375k6% on cost · 5% on revenue |
Cost stack
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| TerracesLow and Mid-Rise · FSR 2:1 · 28 m | 3 | 2 | 500 m² | A$8.0m | A$2.5m | A$2.8m | -A$1.3m | A$170k2% on cost · 2% on revenue |
Cost stack
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1 adjoining houses share a boundary with this site. Members see them.