http://www.smh.com.au/nsw/the-kirrib...09-1027j8.html
No Interdominion in NSW for a while : )
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http://www.smh.com.au/nsw/the-kirrib...09-1027j8.html
No Interdominion in NSW for a while : )
Why the hell would they want that for ??? Far better to go out to Eastern Creek and buy the old Australia's Wonderland site. Oops, That's been sold and a real opportunity has gone begging.
I like this one...
"Bruce Christison, the chief executive of the NSW Harness Racing Club, said his club wanted the Kirribilli Club to keep trading at the site, but had considered what it would do with the investment if it did not."
Members wouldn't have approved the sale of the club to a property developer but that's exactly what they're getting with the NSW Harness Racing Club. I suspect they've already got a deal in place with, let's see, Mirvac ? : )
I frequent the Kirribilli Club a few times a month. It's a great spot and 15.5 Million is a steal. The locals are in for a shock.
You'd be surprised at how many investment (Hedge) funds make a motza by investing in 'distressed assets' .
Any business today that doesn't have a diversified asset base is, unless they are a monolith like 'BHPBILLITON' or "XSTRATA' will not survive in the new economy of this millenium.
Yes it's a terrific spot alright Bob and no doubt whatsoever that Mirvac would make an offer to good to refuse sooner or later.
Cracker of a pic Kev!!!
Superb meat raffle at the KC. Top shelf.
I'm a member but haven't been for quite a whie.