GMAQ NEWS
TOOWOOMBA GOLF CLUB’S
$30 MILLION DEAL
T
his is the sight that
will greet golfers
at the entrance of
Toowoomba Golf Club once
the proposed $30 million,
78-apartment retirement
village is complete.
Jointly proposed by the
Toowoomba Golf Club
and retirement operator
Aura Holdings, the project
at Middle Ridge has been
described by club president
Mark Mahony as “a great
outcome for the club” and
one that “will go a long way
to securing Toowoomba Golf
Club’s future over the long
term”.
A development application
was lodged with Toowoomba
Regional Council last month.
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Aura Holdings
director Mark
Taylor said that if
approvals came
through in an
orderly fashion,
the project would
be starting,
hopefully, some time in
September or October.
Mr Taylor, and his business
partner Tim Russell, are no
strangers to the retirement
industry, or Toowoomba.
The pair started
RetireAustralia back in 2005,
and their first purchase was
Drayton Villas in Toowoomba
in 2006.
Mr. Taylor said he and Mr.
Russell had spoken to the
board of the Toowoomba
Golf Club about a similar
project to what they were
now proposing, more than a
decade ago, but it had never
worked out.
The partners started Aura
Holdings in 2016 and after
approaching the club again,
have now signed a deal.
The proposed village will
occupy the existing overflow
car park and golf buggy
storage area, adjacent to the
ninth green and near the
clubhouse and pro shop.