Mirvac keen to buy Dingley's Kingswood golf course

Mirvac keen to buy Dingley's Kingswood golf course
Jonathan ChancellorJune 24, 2014

Mirvac has confirmed it is among the bidders for the Kingswood Golf Course site in Dingley Village in Melbourne’s south-east.

The 53.4-hectare site has the capacity for about 700 dwellings.

The Australian Financial Review says it is expected to sell for about $100 million.

The sale is being handled by EY for the Peninsula-Kingswood Country Club.

The 105 year old Dingley club merged with Peninsula Golf Club to ensure its financial viability last year, and a decision was made to sell off the Dingley course by the members of the private golf club where 63% of their members voted in favour.

Locals have produced a 20-page book, Kingswood: The Central Park in Dingley Village, covering the loss of the amenity and the possible environmental and social impacts of any housing redevelopment.

The club is currently reviewing the expressions of interest, general manager Heath Wilson said.

Picture courtesy of Facebook.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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