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What is the average payout for collective sale for each owner if this sale goes through at 62 Wilkie Road?

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To determine the average amount each owner might receive if the collective sale of 62 and 64 Wilkie Road goes through, we need to consider the total sale price and the number of units involved.

Combined Site

  • The combined site of 62 and 64 Wilkie Road was initially put up for collective sale at $19.5 million.
  • This site comprises 3 residential units at 62 Wilkie Road and 5 residential units at 64 Wilkie Road, making a total of 8 units.

Calculation

If the sale price is $19.5 million, and there are 8 units in total, the average amount each owner would receive can be estimated as follows:

[ \text{Average amount per unit} = \frac{\text{Total sale price}}{\text{Number of units}} ]
[ \text{Average amount per unit} = \frac{19.5 \text{ million}}{8} ]
[ \text{Average amount per unit} \approx 2.4375 \text{ million} ]
So, each owner could potentially receive around $2.4375 million on average if the collective sale goes through at the initial combined price of $19.5 million.

Individual Site

If we consider the site at 62 Wilkie Road being sold separately at $9.2 million or $10 million for the site at 64 Wilkie Road, the calculation would be different.

For 62 Wilkie Road:
- Sale price: $9.2 million
- Number of units: 3
[ \text{Average amount per unit} = \frac{9.2 \text{ million}}{3} \approx 3.0667 \text{ million} ]
For 64 Wilkie Road:
- Sale price: $10 million
- Number of units: 5
[ \text{Average amount per unit} = \frac{10 \text{ million}}{5} = 2 \text{ million} ]
Thus, if sold separately, owners at 62 Wilkie Road could receive around $3.0667 million each, and owners at 64 Wilkie Road could receive $2 million each. However, these figures are based on separate sale prices and not the combined sale price.
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