Sunshine Coast golf course hits the market

A SUNSHINE Coast golf course has hit the market, with a range of options on the table for its future including a tourism development. There are expectations it could change hands for up to $4 million.

An aerial of the Glenview Par 3 Golf Course on the Sunshine Coast.

A CAMPAIGN has teed off to sell a popular par three golf course on the Sunshine Coast, with expectations it could change hands for up to $4 million.

The Glenview Par 3 Golf Course, on the southern end of the Sunshine Coast at 2574 Steve Irwin Way, Glenview, is being sold through CBRE’s Rem Rafter and Brendan Robbins.

The 12.1ha property has a nine-hole golf course, a club house with 34 car spaces and a three-bedroom residence and has been operating for almost 17 years.

Mr Rafter said its owned by a local family who are looking to retire.

“It’s still a very profitable business but its just time for them to have a break,” he said.

“It could actually continue as the existing business and would suit younger retirees who are looking for a seachange.”

Mr Rafter said there were potentially “higher and better uses” for the property with

significant development potential for a tourist park, education facility or food and beverage outlet, subject to approvals.

He said the listing was an exciting opportunity for buyers hoping to capitalise on the region’s tourism boom.

“The Sunshine Coast is undergoing a series of significant infrastructure projects, including the $350 million airport expansion, that will spur economic growth and drive tourism to the area,” Mr Rafter said.

“The site is well-positioned along Steve Irwin Way to capitalise on this anticipated growth, while also offering a diverse range of development options.

“The landholding east of Glenview Golf has been earmarked for the $450 million Actventure lifestyle, tourist and active theme park, and with key attractions Australia Zoo and Aussie World Fun Park located within 10km, we expect the opportunity will encourage interest from astute developers.”