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Hole 3, The Pines golf course
The following material is indicative and is only a concept for this proposal. This information and material has been prepared to assist us as we work through the approval process with the City of Gold Coast Council and State Government.
For more than thirty-five years, Sanctuary Cove Golf and Country Club has represented the very best of golf, leisure, and community on the Gold Coast and in Queensland. It is a place that combines first-class courses with a strong sense of belonging and pride.
This is a place built on quality, community, and respect.
Unfortunately, that standard does not sustain itself. The condition and presentation we take pride in today were made possible by those who came before us, the members, leaders, and management who made good decisions. Our task now is to do the same, to make decisions to ensure the next generation enjoys the Club as much as we have.
This page outlines where we are, the challenges ahead, and the opportunity to secure our long-term future without changing the essence of who we are as a Club.
Prior to reading the Frequently Asked Questions (FAQs), please watch the presentation that gives a 15-minute overview of why we are proposing to undertake this exciting development. The following FAQs are designed to supplement the detailed material that is contained in both the presentation slides and commentary.
If you have any further questions or feedback, please complete the feedback form.
Thank you for taking time to consider the proposal to future proof Sanctuary Cove Golf and Country Club.
Strategically, we engaged expert consultants in Seymour Consultants and KPMG to review our requirements to replace our assets over time. Following this, various scenarios were modelled to understand how we could achieve the funding requirements of the business over the next 25 years without significant impact to the members through subscriptions.
It was evident that the Club needs to find a method that will deliver an alternate source of revenue that will alleviate financial impact to members and generate an income that will fund required and potential aspirational capital requirements into the future. We commissioned another report from JLL to get feedback on the site and the proposal to put retirement living on the site, and their findings showed this as an exceptional option to pursue.
We have been patient and watched other clubs successfully introduce retirement living on small parcels of golf course land. We have learnt from being patient and are now in a position where we feel we can take advantage of this amazing opportunity.
In addition, both local Council and State Government are supportive of housing opportunities currently.
The land will be leased, not sold.
The lease term will form part of the negotiation process with the chosen developer in the future. Some clubs have done 99-year leases, some have done 60 + 60 years as well as other arrangements.
At the conclusion of the leases, some considerations would include:
The retirement living model provides many benefits to the Club. Some examples include minimising risk, maintaining ownership of the land, and producing a long-term income stream that can assist funding operational and capital requirements of the Club through the deferred revenue stream.
We are committed to ensuring that access to the Golf Club would be required by travel down The Parkway and through security, not via direct access through the golf course from the development site.
The Somerset Indooroopilly site provided us with a great understanding of how impressive the retirement living units can look. Our goal would be to work with a developer that can exceed that quality to tie in with our best commercial interests and be commensurate with Sanctuary Cove housing.
Retirement living is a low generator of traffic, and the provision of cart paths is expected to reduce the use of cars. A traffic report will be prepared as part of the development application to the City of Gold Coast Council.
The Club has, and continues to engage with all stakeholders, including our neighbours.
All feedback will be provided to the Board and the design team.
We will take advice on how to structure payments from the successful developer when the time arises. This will be to ensure we meet our capital requirements and to ensure that the income is set up and derived in the best commercial interests of the Club.
Once approvals are obtained, it is important that consideration be given around the construction requirements and availability of the Olympic Games for Brisbane 2032.
Council has indicated an initial preference for the inclusion of a dedicated buggy path to service residents currently living along Caseys Road. At this early stage, there are no concepts, alignments, or designs for such a connection, and any consideration of this would form part of a much more detailed planning and assessment process.
At present, the concept remains a high-level request only, with no commitment, no approved design parameters, and no impact on existing resident use. Any future proposal would be subject to full consultation, safety reviews, and cost–benefit assessment before being considered further.
Following this successful communication and consultation stage with members and residents, our priorities will now shift to the approval requirements.
As the need arises for future communication or consultation with stakeholders, we will engage accordingly.
The retirement option is one that was identified as a proposal that reduces risk. Like any development, there is risk, however the need for this accommodation type, especially in South East Queensland, has high demand which is forecast to continue.
For any questions, please email holdings@scgcc.com.au. To share your views via the feedback form, please click here.
