Woodlands GC

ForeRight

Sold for €650,000 at public auction today in the RDS.

dar_cool

Jesus, Anyone know if its being kept a golf course? They spent millions on that clubhouse which really messed them up, have great memories of being a junior there, its a lovely course, especially the old nine which is the back nine nowadays!!

Kevinmarkham

dar_cool wrote: »

Jesus, Anyone know if its being kept a golf course? They spent millions on that clubhouse which really messed them up, have great memories of being a junior there, its a lovely course, especially the old nine which is the back nine nowadays!!

Ah yes, the brilliant strategy of blowing money you don't have on a clubhouse you don't need.

An impressive clubhouse, for sure, but the course isn't good enough to justify that kind of building. Daft.

I'd be surprised if it doesn't remain a golf course... then again, the farmer who sold them the land may now be buying it back for a lot less than he was paid.

kkelliher

Kevinmarkham wrote: »

An impressive clubhouse, for sure, but the course isn't good enough to justify that kind of building. Daft.

I was a member there for 2/3 years and to be fair the clubhouse is average at best. Crazy Money spent on a roof and glazing that would have being better spent on the facilities, like an adequate car park. The club was being run by a click that was only going to send the club one way.

J6P

Wow.. a steal at that price.

slave1

Played it during the Summer after a round in Palmerstown I think.
Anyhow, the front 9 are obviously newer and the fairways were rock hard, very hard to hold as the ball would just bounce and keep bouncing. Back 9 very different, I thought the par 3s on the back 9 were the best of the holes.
Not a bad course and as others have alluded to no doubt it was the clubhouse yet again...

Eoinyh

Back nine ain't great if the migies have a liken for u

redarmy

Eoinyh wrote: »

Back nine ain't great if the migies have a liken for u

mingies/liken??:rolleyes:

Eoinyh

redarmy wrote: »

mingies/liken??:rolleyes:

Type O Replace n with d an think of small people,

sydneybound

ForeRight wrote: »

Sold for €650,000 at public auction today in the RDS.

Is it me or does this seem very cheap for both the clubhouse and a lot of land?

golfwallah

sydneybound wrote: »

Is it me or does this seem very cheap for both the clubhouse and a lot of land?

Cheap at that price - but only if the new owner can make the business model work.

Anyone know if the members succeeded in buying it back?

Halfprice

still no word on who bought the place but i think the club will be looking to lease it from the new owner if they are willing to do so unless the owner has other ideas and doesnt see it as been a golf course anymore

kkelliher

sydneybound wrote: »

Is it me or does this seem very cheap for both the clubhouse and a lot of land?

Not for where it is located and the cost of surrounding land and property

spacecoyote

Heard rumour there was a guy heavily involved in forestry interested in buying the land, so if he bought it, it may not be a golf course much longer?

kkelliher

spacecoyote wrote: »

Heard rumour there was a guy heavily involved in forestry interested in buying the land, so if he bought it, it may not be a golf course much longer?

Its alot of money to spend on a forest. Granted the clubhouse could continue as a pub, its alot of money for land

Benny Cake

kkelliher wrote: »

Its alot of money to spend on a forest. Granted the clubhouse could continue as a pub, its alot of money for land

Quite the opposite. 650k for 127 acres is around €5200 per acre which is good value in the current market.

kkelliher

Benny Cake wrote: »

Quite the opposite. 650k for 127 acres is around €5200 per acre which is good value in the current market.

Given the land layout of woodlands (its land locked completely on one side of the road) and its location in a rural area where property prices were low in the boom I would believe its on the high side especially if the land is to be used for forestry