Horizons Golf Resort has found new owners, after being purchased for an undisclosed sum by long-term members Peter Rickard and Selva Saverimuttu.
The former owner of the facility, Le Mellieur, went into receivership in 2010 and previous efforts to sell the course, had been blocked by their Korean banks who were owed around $12 million and had control of the deed for the land.
Horizons was left in limbo following an aborted sale in 2011, and has since been operated under license by Peter Rickard and a committed group of members under the banner of Par for the Course. During this time they have returned the golf course from a parched, neglected state, back to pristine condition.
Designed by Graham Marsh and Ross Watson, Horizons is an 18-hole world class championship golf course located in Port Stephens on the NSW mid-north coast. The facility is surrounded by natural bushland and an abundance of wildlife, offering challenges and rewards for players of all standards.
After such a beleaguered past and three previous owners, the golf resort is now in the hands of two experienced individuals who are committed to returning the golf course to its former reputation as one of the top golf courses in Australia.