Menu
c
3
Membership
In January, we welcomed 15 new Equity Members to the Club:
We held a New Member Induction evening on 19th January, attended by 20 new Members, along with our Directors, Membership and other Committee members as well as Club staff. The evenings are always a wonderful opportunity for new Members to learn more about the Club and our variety of offerings, while meeting and mingling with fellow Members.
115 – New Equity Members in 2022
68 – Forfeited Members forfeited their shares in 2022
931 – Total number of Equity Membership as at end of January 2023
Finance
After 4.5 years of service to the Members, David Vosloo has resigned from his position on the Club and Holdings Boards as the appointed Finance Director. The Board would like to take this opportunity to thank David for his outstanding efforts and contribution. We wish him the very best as he dedicates more time to his golf chasing that elusive Honour Board victory.
We would like to welcome back as David’s replacement Wayne Bastion as the Finance Director on both the Club and Holdings Boards. Wayne has comprehensive Board, audit and tax experience as well as an intimate understanding of our history and fiscal requirements having previously served in the roll of Finance Director of the Club – we welcome your return Wayne.
For December consolidated results, an EBITDA profit of $185,895 was achieved against a budgeted EBITDA profit of $36,708, a positive variance of $149,186 (406%). YTD Consolidated EBITDA is a profit of $1,261,420, which is a positive variance against budget of $553,933 (78%).
The 2022 results are unaudited and subject to change during the audit process. It remains noted that due to new accounting policies introduced last year, any joining fee revenue earned throughout the year will be recognised over a 5-year period in the annual statutory accounts. Final audited results will be presented at the 2023 AGM.
Golf Course Maintenance
The Palms annual renovations have recently been completed after a two-week extensive program addressing tees, fairways, rough and greens. Thanks to favourable weather conditions, the course is recovering well, and the rain forecast is going to assist speed up the return to normal playing surfaces.
Due to supply issues with sand, we will be top-dressing the fairways on The Palms over the next few weeks. We appreciate your patience while we undertake these works and as the sand is washed in, the disruption will be minimal.
At the January Board meeting, the Board have approved to undertake some landscape maintenance works in between the 8th green and the 6th tees of The Palms. Some of the plants will be transplanted from other areas on the Palms Course to minimise costs, with no obvious impact on the existing landscape. The Golf Course Maintenance team will complete these works over the next month.
General
The inaugural Sanctuary Cove Cup will be played this Sunday with some of the best amateur golfers from QLD participating. There are also a number of our Club Members representing in the 8am shot-gun start, please show your support to come and watch this wonderful new event.
Thank you to Members for your patience this past week whist we attended to the tiling works at the front of the golf shop. The area was rapidly deteriorating, and the replacement tiles look fantastic.
120 Members celebrated Australia Day on Sunday 29 January at the annual Australia v The Rest of the World Social Sunday competition with a two-person Ambrose format. One of the most hotly contested and enjoyed golf days of the year saw Members playing in extremely hot conditions, true to a typical Aussie summer. Club Members dressed in outfits which represented their country of choice and enjoyed a wonderful day on The Pines golf course.
This year’s Social Sunday event winners were Ross and Louise Wolbers with a superb score of 60.75 Nett, followed by runners-up Brett and Sharon Morgan-Evens with 61.25 Nett and third place awarded to Gary and Stephanie Simmons on 63 Nett. In the annual Australia Day team challenge, Australia was victorious over the Rest of the World again in 2023.
Thank you to all the Members who go to the effort to make this event such a fun day on our golfing calendar. To view the images from the event, please click here.
This Sunday 7 February, The Pines golf course will play host to the inaugural Sanctuary Cove Cup. The event will comprise of elite male and female amateur golfers from around Australia. Sanctuary Cove Golf and Country Club is being represented by the following Members:
The event is a shotgun start at 8am and spectators are invited to watch.
Good luck to all Sanctuary Cove Golf and Country Club Members competing.
As summer draws to a close, join us on Lakeview Terrace for a relaxed afternoon of live music and wine tastings. David Lee, a Sanctuary Cove Golf and Country Club favourite, will return to the Club to perform from 1pm until 4pm. While listening to relaxed summer tunes, Members and their guests will enjoy a variety of samples of fine wine sourced nationally and internationally, along with a complimentary cheese platter. Tickets for this event are just $30 per person. Bookings are essential and can be made via the online booking form.
Date: Sunday 19 February 2023
Time: 1pm-4pm
Location: Lakeview Terrace
Price: $30 per person
Bookings: Bookings are essential. To make a booking, please click here.
The Club is pleased to advise that Lakeview Bar will be serving new Mezze Snack and Lunch menus daily from Sunday 5 February 2023.
Lakeview Bar will be open for breakfast from 8am this Sunday 5 February 2023. Bookings are strongly recommended and can be made by phoning 07 5699 9000.
A note to all Members to please refrain from approaching and engaging fellow Members regarding disciplinary behaviour or action. Should a Member witness concerning conduct by another Member, they are to contact the golf shop to allow staff to manage any situation at the Club.
Your understanding and cooperation is appreciated.
The Club is hosting several upcoming fitting days. The below dates have been secured and all bookings can be made via the online tee sheet:
Ping
Date: Thursday 9 February 2023
Time: 9am – 2pm
Callaway Golf
Date: Wednesday 15 February 2023
Time: 9am – 1pm
Titleist
Date: Monday 27 February 2023
Time: 10am – 3pm
Cobra Golf
Date: Tuesday 14 March 2023
Time: 9am – 1pm
Welcome Connor CruiceThe Club would like to welcome Connor Cruice who commenced employment in the Golf Services department this week. Connor joins us from his most recent role at Warwick Golf Club where he was working in the golf shop. Connor is a PGA Professional who had a stellar career as a PGA Associate Member, both playing and academically. Please welcome Connor to the Club.
A reminder to all Members that as of Sunday 1 January 2023, all Members must display a 2023 buggy sticker on their buggy when accessing the golf courses. 2023 buggy stickers can be collected from the golf shop Monday to Sunday, 6am to 5pm.
The weekly Members’ Sunday Night Roast is held on Sunday evenings from 5:30pm.
The roast is $35 per person and includes a soup, a selection of traditional roast meats and vegetables and dessert.
Places are strictly limited, to avoid disappointment please book by phoning 07 5699 9000.
The Weekly Members’ Draw will be drawn at 6:30pm. The Member drawn in the last Members’ Draw was Mrs Margie Charlton and Mr Marcus Di Bella. Mrs Charlton and Mr Di Bella were not present, therefore the amount has jackpotted to $1,800 Club Credit with two chances to win.
Please note that Sunday Night Roast is fully booked for Sunday 29 January 2023. Bookings are now available for Sunday 5 February 2023.
Date: Sunday 5 February 2023
Time: From 5:30pm
Location: Lakeview Bar
