Connecting the Golf Industry

Thu Feb 21 2013
Golf Course Gifted to Council for Saving

In a last bid to try to save the Greg Norman-designed course at Port Hughes on the Yorke Peninsula, Rural Bank has given the golf course, at no cost, to the local council.

The high profile development, that includes the nine-hole Dunes Golf Course, went into receivership last year, having amounted debts of more than $13 million. Now, Copper Coast Council’s plan is to try to make the course financially viable within three years.

The Council has agreed to take ownership of the Dunes Golf Course in return for sponsoring the new independent body that will be managing the course’s operation. It is hoped that obtaining water from the council's new Community Wastewater Management Scheme will rid the Club of its annual water bill of $150,000.

In addition, it hopes to increase membership from within the local community.

The Council says the bank has acquired any unsold land parcels and is hoping to sell them once the future of the Dunes Golf Course has been determined.

Click here for full golf story and golf news source Golf Course Gifted to Council for Saving

Printer Friendly Version Print Version    « go back

To read the new Golf Industry Central online magazine look below and click on it to enjoy it in full size.

Bookmark this page
© 2008-2014 Golf Industry Central ABN 1812 3872 784. Website Design Gold Coast & Brisbane by NBM.
Business Partners:
Sponsor BannerSponsor BannerSponsor BannerSponsor Banner
Affiliates:
Sponsor BannerSponsor BannerSponsor Banner