Golf club members to decide if 42 building block development should go ahead
WARRNAMBOOL Golf Club members will decide if a proposal to develop 42 building blocks on shared land adjacent to the course should go ahead.
The golf club was approached by the Ample Investments Group about six months ago with a proposal to undertake the development of the land on the club’s behalf in return for a fee/share of the development proceeds.
Operations manager Trevor Brown said the club originally hoped to sell the whole parcel of land to a developer outright, however it hadn’t been successful.
“(Ample) are in the business of developing private individual’s land, so they seem to suit the needs of the club now,” Mr Brown said.
“If they can come along and develop the land for us, that way we achieve our goal of parting with the land and re-investing the profits from the sale. It’s just a different approach to selling it outright.”
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