The McDonalds in Green Point, Cape Town has recently renewed their lease at a rental of R420 000 per month The iconic 24HR McDonald’s drive-thru site has a lease agreement with the City of Cape Town. The property lease recently went onto auction with an excitingly tight bidding war between McDonald’s and KFC. Both brands took part at the auction in an attempt to secure this forever-popular location right at the DHL Stadium’s doorstep. This stadium seats 55 000 people and will host the Springboks VS New Zealand Rugby match in September this year. McDonald’s ended up successfully winning the auction. Their closing bid was R420 000 per month - which is the new monthly rental that they will be paying to keep their site. Everyone knows that McDonald’s is a real estate business before the burgers. This legendary site is a winner for any brand, especially McDonald’s. Have you ever visited this site after a stadium event? Share your stories below.

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