Browsing Golf Industry NewsVIEW ALL

Pelligra tees up $50m for Kangaroo Island including championship course

POSTED ON December 8, 2021 @ 6:22 pm

Melbourne-based developer Pelligra Group has become the key backer of a championship golf course project aimed at luring tourists back to South Australia’s Kangaroo Island after it was ravaged by devastating bushfires in January 2020.

The family-run company, headed by Ross Pelligra, has committed $50 million to the Pennington Cliffs Property Trust, which will invest in The Cliffs Kangaroo Island golf course and clubhouse due to open in April 2023.

The $20 million links-style golf course, designed by renowned golf course architect Darius Oliver, will be built on a spectacular 240-hectare clifftop site overlooking the Southern Ocean at Pelican Lagoon, on the eastern side of the island.

Future stages will include a hotel, restaurants and conference facilities as well as villas on residential allotments.

Preliminary site works began last week. The project is expected to take 12-15 months to complete and the first golfers are likely to tee up over the 2023 Easter weekend.

Kangaroo Island, which lies south-west of Adelaide in the Great Australian Bight, is the country’s third-largest island and is renowned for its natural beauty, tourism and agricultural produce. More than half of the island, including Flinders Chase National Park, was burnt out by the January 2020 bushfires.

A very special part of Australia

Mr Pelligra said his family’s investment in The Cliffs Kangaroo Island was another example of its confidence in South Australia, after it acquired a high-rise development site in the Adelaide CBD last month.

“[Kangaroo Island] is a very special part of Australia. Visitors from all over the world will flock here to play links golf along these spectacular clifftops above the Southern Ocean,” Mr Pelligra said.

“Destination golf is booming across the globe. Why not bring it to one of the most iconic Australian tourist destinations, Kangaroo Island?”

Development of the golf course is being spearheaded by Sam Atkins, founder and owner of Adelaide Hills vineyard Fox Gordon.

Also on board is former Morgan Stanley executive Jack Dahan, who earlier this year led the $12.8 million acquisition of The Sands golf resort in Torquay on Victoria’s Bellarine Peninsula alongside fellow investors.

A “destination” golf course

Mr Atkins and Mr Dahan acquired the site on Cathers Road in 2016 from the previous proponents of the golf course, listed Japanese human resource management company Persol, paying about $1.4 million.

Although an original proposal for a “destination” golf course was approved in 2016, Mr Atkins recruited Mr Oliver, designer of the renowned Cape Wickham Links project on Tasmania’s King Island, to revise the plans and create a golf course that could compete with the very best golf courses in Australia. This was approved in May 2017.

Michael Baragwanath, investment manager of The Pennington Cliffs Property Trust, said the balance of the $50 million committed by Pelligra Group would be invested in appropriate asset acquisitions and development on Kangaroo Island.

“Ross Pelligra joining the investor group means the fund’s investment in KI will quickly expand beyond the golf course and clubhouse, but we’ll keep further announcements a closely guarded secret for the time being.” Mr Baragwanath said.

Related Articles:

Comments are closed.


CLICK HERE TO Sign Up for the GIC Newsletter for all the latest Industry News.

Golf Recruitment Central Golf Marketing Central Live 4 Golf
indooroopilly logo

JOB: Golf Operations/Retail team members – Brisbane

Indooroopilly Golf Club (IGC)  is embarking on an...

Golf Club Insurance: it shouldn’t be complicated and now it isn’t with GBA’s Insurance Health-Check

HELPG VIC PROS

Australian golf courses’ susceptibility to volatile weather conditions has forced many insurers out of the market. This has left Australian golf clubs...

PGA Tour of Australasia Announce Extension to Strategic Alliance

Partnership will help increase pathways for Australasian players Fortinet Australian PGA Championship Co-Sanctioning Partnership confirmed through to 2026 Increased prize money for...

JOB: Custom Club Technician – Callaway Golf South Pacific

This position performs a variety of routine and repetitive assembly operations and procedures applicable to building Callaway Golf Clubs. The successful applicant...

Visionary of the Year is back for 2022

The search has begun for the 2022 Visionary of the Year and some of the golf industry’s heavyweights are excited to hear...

Record numbers now playing golf, new R&A survey says

New research figures revealed by The R&A and Sports Marketing Surveys (SMS) show golf has enjoyed a significant increase...

Callaway Golf Company Announces New $50 Million Stock Repurchase Program

Callaway announced today that the Board of Directors has authorized the Company to repurchase up to $50 million of...

ASIA: Sentosa's Serapong shapes up for SMBC Singapore open finale on the Asian Tour

One of the world’s finest courses, The Serapong at Sentosa Golf Club, is being thrust back into the spotlight...

JOB: PGA Teaching Professional – The Golf Academy Borneo

This is an exciting opportunity for a fully qualified PGA professional to join the Golf Academy Borneo, Kota Kinabalu,...

Australian golf joins fight against racism

The Australian PGA, the WPGA and Golf Australia have endorsed a new set of guidelines aimed at helping Australian...

Golf industry unites to support families in need

While the game of golf and its players can sometimes be associated with exclusivity, the Australian reality is that...