Glenholme Park board to subdivide, sell off land in bid to financially secure future for club

A Toowoomba rugby league club has partnered with one of the city’s biggest companies for a major land subdivision.

Glenholme Park board members (from left) Stephen Betros, Garth Perkins and Andrew Fox.

The board behind a major rugby league club in Toowoomba’s western suburbs will subdivide and sell off a chunk of its land to help secure the organisation’s future.

Brothers Rugby League Club, based at Glenholme Park on Hursley Road in Glenvale, has partnered with FKG Group to submit a development application to the Toowoomba Regional Council.

The proposal would split the park’s land into three lots, with the sections fronting Boundary Road to be sold off.

FKG is currently working through requirements for the first of the three lots with the council regarding acceptable zoning outcomes.

Brothers had previously proposed redeveloping the Glenholme Park grounds into a community sports hub catering for multiple sports, but after failing to get the necessary grants was forced to withdraw the plan.

The crowd at Glenholme Park in 2018.

Board chairman Stephen Betros said the land sell-off was important to shore up the club financially.

“This portion of our grounds fronting Boundary Street is valuable land, because of its location and frontage to a relatively busy street, but it’s of no real benefit to the club as it stands,” he said.

“It’s land that the club currently does not use, nor will we use it for any football purposes in future. It’s simply vacant land that’s sitting idle.

“By rezoning and selling the land, we unlock its value and generate a financial benefit that will allow us to pay off debt and set up the club for the future.

“When the club bought back the Glenholme Park grounds several years ago we incurred a significant debt, and servicing that debt has been a constant burden.

“This proposal will help pay off that debt and put much-needed funds back into the club. It’s the best way forward for Brothers both financially and as a football club.”

Mr Betros thanked FKG Group for its support on the project.

“FKG are a very community-minded company and they have been a fantastic support in helping us pull this project together,” he said.

“They understand that Brothers is a grassroots club that is an important part of the local community, and their assistance has been invaluable in securing the financial future of the club.”