Using your surplus land to drive up income

James Podesta from GCMA partner STRI Group discusses how golf clubs can make the most of their land to grow their revenue.

Golf courses, by their very nature, cover large areas of land. A typical 18-hole golf course can span 40-50 hectares and wherever they are located, they tend to encompass interesting features from land use, landscape, and biodiversity perspectives. Often misconstrued as lacking in terms of economic and environmental opportunities, they offer some unique options for an ongoing positive impact.

Having land and understanding its nuances is key to identifying opportunity, and whilst golf clubs can own or lease land, they are almost always long-term custodians....