STS
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0.00% 72.0¢ srg limited

South Melb Property

  1. Charlie346
    107 Posts.
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    05/05/16
    09:34
    Post #: 17681651
    Holders might be interested to see that SRG have put their South Melbourne property on the market, see here:

    http://www.realcommercial.com.au/property-land development-vic-south melbourne-501932086

    The agent advises me that interest has been around the $7.5m, I would have thought it was worth a little bit more than that, for those not aware that area of South Melbourne is experiencing a change in zoning from Industrial to Residential.  

    Land and Buildings were in the 2015 annual report at $6.147m, valued at market.

    Anybody know if SRG own any other properties?
    STS Price at posting: 73.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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