Jump to content


 

Photo

Eynesbury


  • Please log in to reply
51 replies to this topic

#46 Hawkers2015

Hawkers2015

    Advanced Member

  • Members
  • PipPipPip
  • 3358 posts

Posted 05 November 2012 - 12:57 AM

They have offered it to Sunshine and a few other clubs. Its making a thumping loss on and ongoing basis. On a cash flow basis its probably not worth a dollar. Of course that would be a lot different if it had subdivision potential.

#47 drgazgiz

drgazgiz

    Advanced Member

  • Members
  • PipPipPip
  • 3296 posts

Posted 05 November 2012 - 07:41 AM

The expected sale price of $10 million includes 281 subdivided blocks of land and "associated leisure facilities", not just the golf course.

#48 Kiwi

Kiwi

    Wholly Awesomeness

  • Members
  • PipPipPipPipPipPipPip
  • 24048 posts

Posted 05 November 2012 - 07:47 AM

it's in the wrong place

#49 Smergen

Smergen

    Green Egg Goat Smuggla

  • Members
  • PipPipPipPipPip
  • 12437 posts

Posted 05 November 2012 - 07:59 AM

If I win the 100mil... I reckon I might buy it. Mates rates anyone?

#50 Goldy

Goldy

    Ed Rayner's love child

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 39801 posts
  • Location20m closer than you expected

Posted 05 November 2012 - 06:31 PM

I'd turn it into a prison....oh wait....

#51 Kiwi

Kiwi

    Wholly Awesomeness

  • Members
  • PipPipPipPipPipPipPip
  • 24048 posts

Posted 06 November 2012 - 01:02 AM

I’d turn it into a prison….oh wait….

Smoldy.
Oh yeah…..

then it'd be in the right place

#52 Hawkers2015

Hawkers2015

    Advanced Member

  • Members
  • PipPipPip
  • 3358 posts

Posted 06 November 2012 - 09:45 AM

That makes a lot more sense if you could net $50,000 per block a $10m sale price means, they would be paying you about $4m to take the course off their hands ...




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users