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NSW Catholic club to buy golf resort


Sydney's Liverpool Catholic Club could become a golfing professional as it lines up to buy the freehold title of the Thurgoona Golf Club and Resort in Albury, on the NSW/Victoria border.

Members of the club were due to meet last night to ratify the purchase, which would add a 72.72 hectare property to its portfolio.

Now owned by the Albury Wodonga Development Corporation, the resort includes an 18-hole course designed by golf professional Mr Peter Thompson. The sale price has not been disclosed.

According to Liverpool Catholic Club general manager Mr John Turnbull, the course is ``in excellent condition" with the LCC already preparing to undertake a $3 million development of a new club house, scheduled to be complete in 2004.

``We believe both the residents of Albury and the members of Thurgoona Golf Club will benefit from this merger," Mr Turnbull said.

The resort also has 14 tennis courts on site and a 26-room Flag Inn Motel. Further proposed developments include a housing estate.

For Albury residents, the introduction of the LCC will also see some profits pumped back into the community, with the club donating about $850,000 each year to the Catholic Education Office.

About 14,000 people a week use the club which has a membership of 30,000.

LINKS
Thurgoona Country Club
Dr Pell hits the jackpot with gambling rules (Catholic Weekly 10/6/01)

SOURCE
Financial Review (payment required)


27-Feb-02