Giants deputy chairman Adrian Fonseca cashes in on fast food
Adrian Fonseca and developers Ben and Jono Isaac were the big winners from a property auction after selling a McDonald’s in Newcastle for $5.5 million.
Source: afr.com
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Property portfolio investments: fast food outlets, childcare attract investors
A McDonald’s restaurant in Wollongong sold 60 basis points below the cash rate as investors spent $31m on recession proof assets at portfolio auction in Sydney.
Source: afr.com
The Boathouse Rose Bay review
Every time I drive through Rose Bay, I wonder why the hell someone doesn't just move in to what was Pier/Sailors Club/Regatta, and do great fish and chips. Let's face it, that's what people want, and that's where people want it – on a pier fringed by a marina, parklands and promenades. Well, now someone has. And, of course, it's the Boathouse Group, purveyors of fine fish and chips in Balmoral, Palmy and Patonga. Now part of Isaac Property, it's the first venture south of the bridge for Andrew and Pip Goldsmith, who still run day-to-day operations. No surprise, therefore, that it has Boatho...
Source: goodfood.com.au