Release your inner Tiger
By Will Jackson
EVER dreamed of being able to tee off in your front yard for a quick round of nine before heading to work?
Well, now is your chance to make that dream a reality.
After nearly 13 years as owners of the Teven Valley Golf Course, Greg and Patrice Allman are selling up.
Good news for any fanatical golfers willing to go to extremes to improve their handicap.
Designed and built in the 1970s as the centrepiece of a lifestyle resort that never happened, the Teven Valley Golf Course is reputed to be one of the most difficult par three courses in Australia; with nine holes on about
10.8ha, it's tight and requires great accuracy. Patrice said it was a reasonably easy business to run, especially for someone looking for a farm-style experience.
The property includes the course, function area, bottle shop, all plant and equipment, resort-style timber residence with pool and a separate two-bedroom cottage.
Further development is possible subject to council approval.
Tim Miller, sales consultant with Bangalow Real Estate, said it was the first golf course sale he had handled. "There are not actually that many privately-owned golf courses around so it's a pretty rare opportunity," he said. "We've had a huge amount of interest."
With the amount of affluent people moving into the area, Tim said it wasn't inconceivable someone might pay the $2.49 million asking price to use it as their own getaway home and private golf course.
"The upper end of the market is a lot stronger these days than it was a couple of years ago," he said.
"There's actually a consortium of four local guys who are seriously looking at doing just that, which I thought was pretty amazing."
So what are Greg and Patrice planning to do once the property is sold?
"We're not sure, the kids are too young and expensive for us to retire," Patrice said. "In the meantime we might just take a year off and do some travel."