Land to Asset Ratios

For townhouses, I'm 45. So anything between sort of 40 to 50, if I need to. And then on the older style flats or older style apartments, bills, whatever we want to call them, no less than 30. Because when you get to the medium and high density stuff, it's 10 to 15. That should be a trigger to say, well, that block of dirt in downtown Docklands in Melbourne is going to now be 16, 20 stories high sold for $11 million,. $12 million. You're still getting one, two hundredth of those per square as opposed to the one eighth of that. Do your own research. Unless you have a trusted property

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