McUnit - would you liketo be able to buy fries with that?

Discussion in 'Investment Strategy' started by wombat777, 5th Mar, 2018.

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  1. wombat777

    wombat777 Well-Known Member

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    McDonald's moves into apartment development joint venture with Stockland

    Extract:

    The biggest name in fast food, McDonald's, has moved into apartment development in western Sydney's Parramatta, teaming with developer Stockland.

    The project is at its Parramatta restaurant site at 355-375 Church Street.

    Some 350 apartments are proposed along with 1565 square metres of new retail space, a car park and the new restaurant.

    The fast food group will retain ownership of the restaurant stratum lot, which is proposed to have two levels of seating, a PlayPlace, McCafe and a dual-lane drive thru.

    MACCAS.jpg
     
  2. Scott No Mates

    Scott No Mates Well-Known Member

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    About time they decided to do something with their Parramatta holdings. This is a prime site (along with their adjoining properties).
     
  3. krispy

    krispy Well-Known Member

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    Brand new Catholic school is also going in next door.
     
  4. krispy

    krispy Well-Known Member

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  5. Colin Rice

    Colin Rice Mortgage Broker Business Member

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    Ray Crocs original model was based on property acquisition with flipping burgers as a second gig.
     
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  6. au contraire

    au contraire Well-Known Member

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    Bleh. I briefly live a few doors down from a maccas and it emitted this distinctive foul odor I will never forgot.

    Drive through will also be a pita for residents.
     
  7. Beano

    Beano Well-Known Member

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    If you owned the property the smell would be sweeter (it would smell like money) lol :)
     
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  8. krispy

    krispy Well-Known Member

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    Traffic in this area will be a nightmare.
     
  9. Gockie

    Gockie Life is good ☺️ Premium Member

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    I cant see that traffic in the area being anything particularly over the top. But the traffic to the Hills from Parramatta in evening peak hour can be shocking.
     
  10. Scott No Mates

    Scott No Mates Well-Known Member

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    That hasn't changed - a grade tenant, prepared to pay healthy nett rental, tied into a vertical supply chain and reasonably successful franchise system.
     
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  11. Colin Rice

    Colin Rice Mortgage Broker Business Member

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    He was a smart man that was for sure.

    Th movie about him is worth a watch imo - The Founder (2016) - IMDb
     
  12. Cimbom

    Cimbom Well-Known Member

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    I don't think too many people would want to live on top of a McDonalds. They better be offering good discounts :p
     
  13. krispy

    krispy Well-Known Member

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    My kids thought it was a great idea.
     
  14. Truly Exotic

    Truly Exotic Well-Known Member

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    saw that film

    great film

    very smart man im sure,
    but Ifeel he got a little lucky and screwing the two brothers out maliciously is disgusting
     
  15. New Town

    New Town Well-Known Member

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    I hope the final building looks the same as the renderings - unlike their burgers :D:D
     
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  16. Colin Rice

    Colin Rice Mortgage Broker Business Member

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    Agreed. Many big businesses, if not all would have "disgusting" malicious behavior both historically and presently cause people are involved.
     
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  17. Truly Exotic

    Truly Exotic Well-Known Member

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    yes, just today I was talking to a guy who follows trump since the 70s and he said that , trump would go into business with you, and if at anytime he felt that you are no longer useful to him, he will stop paying bills and cut you off.

    if this is true, its bad, but maybe you need to be like this to get to their level
     
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  18. Colin Rice

    Colin Rice Mortgage Broker Business Member

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    Dark Triad personalty types are attracted to ultimate power at almost any cost.
     
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  19. Truly Exotic

    Truly Exotic Well-Known Member

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    to be honest, I dont know how Id sleep at night, if someone said to me

    "hey, do you know your current supplier, your going to stop using his products soon, so if you dont pay their bill now, they cant do anything about it, just stop paying!"