Search found 3 matches

by hillier51
Fri Sep 26, 2008 6:58 pm
Forum: Metropolitan Development
Topic: COM: Glenelg Entertainment Complex
Replies: 337
Views: 131536

Re: Glenelg Entertainment Complex (New Magic Mountain)

Brando - Thanks for the Welcome! Yes I do know a bit about this topic.
Re the sale, A few people sniffing around, I have my money on a young Adelaide business lad.

how_good_is_he - Yes I'm 100% sure. The land is Owned not leased by Rimington Group and it has been owned by them since Magic Mountain ...
by hillier51
Fri Sep 26, 2008 11:35 am
Forum: Metropolitan Development
Topic: COM: Glenelg Entertainment Complex
Replies: 337
Views: 131536

Re: Glenelg Entertainment Complex (New Magic Mountain)

I can assure everyone The Beachouse does very well and it will provide the next owner with a rich a rewarding lifestyle. The Rimingtons have never recovered from the initial outlay to build the place and have other business ventures that have seen problems and no doubt robed Peter (The Beachouse) to ...
by hillier51
Thu Sep 25, 2008 2:27 am
Forum: Metropolitan Development
Topic: COM: Glenelg Entertainment Complex
Replies: 337
Views: 131536

Re: Glenelg Entertainment Complex (New Magic Mountain)

THIS HAS JUST BEEN PLACED IN RECEIVERSHP WITH DEBTS OF $16M.
Business as usual while Ferrrier Hodgson put it for sale next month - lets just hope the ferris wheel gets finished...probably helped to send them broke.
Anyone know who owns the land.
What is the chance of a sale and could it become a ...