Former Peregian Springs GC CEO opens up about club’s future
FORMER Peregian Springs Golf Club CEO Declan McCollam has broken his silence, saying the course would be rendered a desert with the planned sale this week by administrator Morton’s Solvency Accountants of the course’s irrigation system, as part of a broader sale of the golf club’s assets.
Mr McCollam said he believed property giant Aveo’s intent was to let the front nine of the champion- ship course fall into disrepair to make way for residential development.
He said if critical course maintenance equipment was let go, he estimated it would cost a new owner $2million to re-instate the course to any former condition.
In a statement released last week, Aveo said once the administrator vacated the premises, Peregian Springs Golf Holdings would maintain the golf course.
“In addition, Holdings will, over coming months investigate future, viable options for the clubhouse and the golf course,” the statement said.
“However, it is highly unlikely that any such option would include a re-opening of a member-based golf club.”
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