Longyard Drive, Longyard, NSW

An exclusive Greg Norman 18 Hole Par 72 golf course with a driving range, pro shop, Tavern/Bistro, Development top block, and MHE ownership. Currently, the business is turning over $250k per year net profit with a gross earning of $1M+.

Yearly turnover breakdown (per annum):

- 18 Hole Golf Course: $644K
- Cafe/Bistro/Bar: $403K
- Pro shop & Cafe: $260K

Project Commenced 17th January 2022

Estimated Investment Return 123.93%

Project Commencement Date - 1st December 2021

Project Status

Property and existing business was purchased with a 12-month delayed settlement.

Proposed improvements:

• Appoint a PGA Pro and a new Management team.
• A course inspection has been carried out by our Course Superintendent and drafts of the scope of work to upgrade the course are being prepared.
• Food amenities will also be upgraded to include a new team and chef which will bring new life into the business.
• DA is currently with our architects to acquire development approval for a mixture of Townhouses & Apartments with an estimated 100+ dwellings on the top block.
• Upgrade the pro-shop to house the latest equipment.
• A marketing campaign will be initiated to bring more traffic into the business.
• Exclusive Pro Golfer Events will be our specialty putting KLE Longyard on the map.
  

Overview

Project commenced: 1st December 2021
Purchase Cost - $10,919,000
Buy-in (100 Shares): $120,000* minimum 5 shares per investor
Shares Status: Available

Profit Strategy

Operate and run Kingdom Lakes Estate with its various income streams of the 18-hole golf course, pro-shop, cafe/bistro/bar and execute development on the top block. Distribute yearly earnings to investors accordingly and development profit to investors accordingly.

Golf Course Operation

Yearly Estimated Net Profit $600,000

Estimated Profit Per Share - $6,000

Annualised yearly cash flow profit - 5%

Development Profit Margins

Estimated Profit $14,871,873

$148,718.73 per share

123.93% Investment Return †

Timeframe - 36 - 48 months

* Buy-ins increase at the close of every funding
round and in accordance with the project’s value at
that stage. Note that each project has several
funding rounds prior to construction commencing.
† Based on the initial buy-in of $120,000.

Developer - Kingdom