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Thread: Property Moguls

  1. #1
    Senior Member 4YO HaroldParker will become famous soon enough
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    Bob Parker
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    Property Moguls

    http://www.smh.com.au/nsw/the-kirrib...09-1027j8.html

    No Interdominion in NSW for a while : )

  2. #2
    Super Moderator Stallion Richard prior will become famous soon enough Richard prior's Avatar
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    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.

  3. #3
    Senior Member 4YO HaroldParker will become famous soon enough
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    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.

  4. #4
    Senior Member Colt Lethal is on a distinguished road
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    Lee Balmer
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    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.
    Last edited by Lethal; 08-11-2014 at 10:44 AM.

  5. #5
    Senior Member 4YO HaroldParker will become famous soon enough
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    Quote Originally Posted by Lethal View Post
    You'd be surprised at how many investment (Hedge) fund make 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.
    I can park there for a few dollars for the day. That's why I'm a member first and foremost which probably explains why out of a member base of 14000 only 116 turned up to an extraordinary meeting to sell the joint for peanuts.

  6. #6
    Super Moderator Stallion Richard prior will become famous soon enough Richard prior's Avatar
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    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.

  7. #7
    Super Moderator Stallion Messenger will become famous soon enough Messenger's Avatar
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    Quote Originally Posted by HaroldParker View Post
    I can park there for a few dollars for the day. That's why I'm a member first and foremost which probably explains why out of a member base of 14000 only 116 turned up to an extraordinary meeting to sell the joint for peanuts.
    Is that you in the pic Lee
    Attached Images
    "My mistake. Four coffins ..."

  8. #8
    Senior Member Colt The Escape Club will become famous soon enough
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    Quote Originally Posted by Messenger View Post
    Is that you in the pic Lee

    lol, was exactly what I was thinking when I read the story Kevin.

  9. #9
    Senior Member Stallion Danno is a jewel in the rough
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    Cracker of a pic Kev!!!

  10. #10
    Senior Member Colt G-Mac will become famous soon enough
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    Superb meat raffle at the KC. Top shelf.
    I'm a member but haven't been for quite a whie.

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