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Home Golf

Hepburn Springs Golf Club to be acquired by GSM

April 16, 2024
in Golf
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Hepburn Springs Golf Club to be acquired by GSM


Members of the Hepburn Springs Golf Membership, positioned within the Daylesford Area (Central Victoria) have lately authorized the acquisition of their golf course and belongings by Golf Companies Administration (GSM).

GSM have dedicated to clearing all the Membership’s liabilities, present discounted charges to current members for at least 5 years, and make vital investments in capital enhancements works to each the golf course itself and related buildings.

GSM Director, Ian Denny stated “We definitely by no means anticipated to be on this place and are saddened by the Membership having to wind up after 98 years. GSM are dedicated to maintaining the doorways open for current members and to driving new visitation by tapping into the thriving tourism market within the space with a brand new ‘open to all’ coverage.”

Hepburn Springs Golf Membership President, Vic Delosa stated “The Membership has been closely reliant on volunteers who’ve been doing an unbelievable job for a really very long time, nonetheless, the mix of an ageing and dwindling membership base and an absence of funds created a scenario the place the Membership was dealing with insolvency. After exhausting all avenues to retain management of the Membership, the Committee proposed to go possession to GSM contingent on undertakings to protect the operation of the course for the good thing about current members for at least 5 years. Members supported the Committee’s proposal with a vote of 98% in favour of the movement.”

While solely quick in size, the course options couched fairways and implausible greens making for a difficult and splendidly distinctive enjoying expertise (with loads of native wildlife watching on!). New progressive shorter variations of the sport will likely be launched this Spring as a complement to the standard golf spherical, together with a bunch of related actions designed to draw a brand new market demographic to the venue and drive elevated utilisation of the ability.

GSM, who function a number of venues in Victoria, have a historical past of efficiently transitioning struggling personal Golf golf equipment into viable companies – most notably St Andrews Seaside and Peregian Springs. The corporate will take over the operations from April 24, with a refreshed web site and new buying and selling info to me made accessible beneath the brand new banner of ‘Hepburn Golf’.

For additional info, or for these considering a tree change and wanting to affix our group on this thrilling new stage for the venue, go to our web site or contact administration@gsmgolf.com.au



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Tags: acquiredClubgolfGSMHepburnnewsSprings
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