129 acre golf course and 2.34 acre parking lot
Devencore Realty Victoria Ltd. is pleased to present the offering for sale of “Glen Meadows Golf & Country Club”, the only facility of its kind in the Greater Victoria area combining a full-sized championship golf course along with tennis, curling and clubhouse facilities. Located immediately southeast of the Victoria International Airport, amidst the serene rural residential and agricultural lands that characterize the Saanich Peninsula, the property has been owned and cared for by Percy Criddle and his family since construction of the golf course was initiated in 1961. Having celebrated the Club’s 50th anniversary in 2015, the Criddle family is now ready to retire and enable new owners to build on the Club’s legacy in the years ahead.
The property encompasses an 18-hole golf course on approximately 129 acres of land and a parking lot on a separate 2.34 acre parcel with capacity for an estimated 155 vehicles. The course incorporates a traditional design and plays to par 72 at a maximum length of 6,859 yards. A full length practice fairway, practice putting green, maintenance and storage sheds and full complement of golf course maintenance equipment are also included.
Adjacent to the parking lot is a 12,576 square foot clubhouse, which houses the pro shop, locker rooms, administrative offices, café, lounge and banquet facilities. There is a licensed indoor viewing area above the six-sheet 14,100 square foot curling facility. Two separate patio spaces overlook the golf course and the three outdoor tennis courts.
These substantial lands and extensive improvements are offered for sale at a fraction of their replacement cost and at a relative ebb point in the related industry cycle. Well-capitalized investors have a unique generational opportunity to acquire this landmark asset on favorable terms and take advantage of Victoria’s rising land values and the inevitable cyclical upturn as it occurs.
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