Course Development
THE DUNES
PORT HUGHES
SPENDING
$2.5 MILLION
ON ESTATE
EXPANSION
The once troubled Port Hughes golf
course and resort is undergoing a $2.5
million expansion ahead of the potential
development of a new clubhouse, function
centre and tourism accommodation.
Early works are expected to be complete in
October on a new 38-allotment subdivision at
the Dunes – the first major expansion since
the project was saved from receivership five
years ago.
Project director Kevin McGuinness said 10 of
the blocks had been pre-sold in what he said
reflected a renewed confidence in the Yorke
Peninsula project.
“It really reflects the fact the project is
moving forward in a positive way,” he said.
“This development is clearly pitched at giving
the local community and particularly other
markets that it’s moving forward.”
The resort, and its Greg Norman-designed
34
nine-hole golf course, was placed into
receivership in 2012 with debts of $13
million.
Bendigo and Adelaide Bank subsidiary
Rural Bank, which was owed more than $8
million, took over control of the residential
component of the project in 2013 after a
failed attempt to sell the undeveloped land.
Mr McGuiness said there would be about 230
allotments in the development once the new
stage – dubbed Stage 1C – is completed.
He said golf course membership has doubled
in the past three years to 180 members and
80 per cent of existing housing blocks had
been sold.
He said a new clubhouse had been approved
which could cost somewhere between $2
million and $3 million.
He said there was still scope to develop the
remaining nine holes of the golf course.
The Golf Marketing Professionals I www.golfindustrycentral.com.au