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$1.30 australian unity office fund

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ShelbyDavis

81 Posts.

5

30/03/24

07:23

Post #: 73121968
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Originally posted by ShelbyDavis: ↑

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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Very surprised people have not understood the significance of this post.

AOF Price at posting: $1.19 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.30		Change 0.000(0.00%)		Mkt cap ! $212.8M

Open	High	Low	Value	Volume
$1.30	$1.30	$1.30	$1.295K	1K

Buyers (Bids)

No.	Vol.	Price($)
2	5890	$1.29

Sellers (Offers)

Price($)	Vol.	No.
$1.30	497	1

View Market Depth

No.	Vol.	Price($)
2	5890	1.290
1	15000	1.280
1	1000	1.275
3	16801	1.260
1	15000	1.250

Price($)	Vol.	No.
1.295	497	1
1.300	6575	1
1.320	6526	1
1.325	476	1
1.330	408	1

Last trade - 10.01am 15/05/2024 (20 minute delay)

AOF (ASX) Chart