MRC secures $195 million land deal to eliminate debt

December 10, 2024 Comments Off
MRC secures $195 million land deal to eliminate debt

By JustHorseRacing

The Melbourne Racing Club is set to eliminate more than $165 million in debt through an agreement to sell a portion of land on the western side of Caulfield Racecourse. The seven-hectare parcel, located along Station Street, Kambrook Road, and Booran Road near Glen Eira College, will be sold to… Read More » Read full article

Source:: https://www.justhorseracing.com.au/news/australian-racing/mrc-secures-195-million-land-deal-to-eliminate-debt/837110

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