They own 2 and 10 Valentine. Not just 10 Valentine. 2 Valentine is a car park but with a DA for 28,000 SQM Build to Rent. Yet I'm saying next door the block of land has an FSR ratio I believe near 20 to 1, they only have a 10 to 1. They could resubmit the DA on LFL to Urban and double the value of 2 Valentine. For a REIT with Ungeared balance sheet they have all flexibility in world.
If you think it's an Office investment i think you're wrong. If your buying because of yield i think you're wrong. Bolton isn't silly.
Urban block of land is 2,800 SQM, for $42m, our is 3,900 SQM i believe or 3,500 for a 95m building and carpark. Haha. With DA optionallty. It's a gold mine.
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They own 2 and 10 Valentine. Not just 10 Valentine. 2 Valentine...
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$1.25 |
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0.013(1.01%) |
Mkt cap ! $204.6M |
Open | High | Low | Value | Volume |
$1.23 | $1.25 | $1.23 | $5.639K | 4.559K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 325740 | $1.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.25 | 21230 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 325740 | 1.235 |
2 | 330000 | 1.230 |
2 | 2830 | 1.220 |
1 | 33000 | 1.210 |
1 | 10000 | 1.200 |
Price($) | Vol. | No. |
---|---|---|
1.245 | 21230 | 2 |
1.250 | 16581 | 2 |
1.270 | 1000 | 1 |
1.275 | 16250 | 1 |
1.280 | 30000 | 1 |
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