Peregian Springs Golf Holdings Limited (Holdings) has announced tha tGolf Services Management Pty Ltd (GSM) has been granted a lease to operate the Peregian golf course and clubhouse for 5 years with a further 5 year option.
GSM is a golf course management company operating five golf courses in Victoria – Bay Views, Kingston Links, Ranfurlie, St Andrews Beach and Morack Golf Course and Driving range.
GSM Company Director Ian Denny stated that he is “excited by the prospect of re-establishing this wonderful golf course and facility. GSM has been through a similar experience at St Andrews Beach where it reopened after a period of closure in 2009 and the course has been profitable and highly ranked ever since. The maintenance team from Solid Ground have done a fantastic job in keeping the course up to a standard that will see plenty of smiling golfers hitting the fairways again very shortly.”
Holdings Chairman Geoff Grady said: “Access to and maintenance of a high quality golf course and clubhouse is vital to the amenity that residents of Peregian Springs community enjoy and value. We appreciate that the period of administration and financial difficulties that the Peregian Springs Golf Club has been through has been upsetting to the former members of the Peregian Springs Golf Club and the broader Peregian Springs and Sunshine Coast community. We are confident that residents and general public will again enjoy everything that this wonderful golf course has to offer under the new management of GSM.”
It is anticipated that GSM will reopen the course for play mid December 2016.