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+.
Property and existing business was purchased with a 12-month delayed settlement.
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.
Project commenced: 1st December 2021 Purchase Cost - $10,919,000 Buy-in (100 Shares): $120,000* minimum 5 shares per investor Shares Status: Available
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.