Monday, 11 January 2010

Penrith. Living on a golf course

Penrith Golf Club is pursuing the construction of four multi-storey apartment buildings on its site in a desperate bid to solve its long-standing financial woes.The club has pinned its hopes on the approval of a seniors housing complex to pay off a $3.5 million debt incurred in 1997 after a blowout in the cost of building its clubhouse, according to a Penrith Press report.



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