Become an equity shareholder at 13th Beach today. 13th Beach offers two wonderful 18 hole golf courses, a brand new 9 hole Short Course, modern clubhouse and long-term future guaranteed access to reclaimed water. There are two types of equity shares available for individual investors which are summarised below. As a shareholder you own a pro-rata share of all the assets – that is, the courses, the clubhouse and all the associated land and other assets. You are eligible to sell your share after three years, should your circumstances change. This is different to the traditional golf club where an entrance fee is non-refundable. The membership season commences on 1 July and concludes on 30 June each year.
A Golf Share requires the holder (or Nominee) to pay a Full Playing Rights subscription (currently $2,790 per annum).
A Class Share
An A Class Share gives the holder (or Nominee) the option of a Full Playing Rights subscription (currently $2,790 per annum) or Clubhouse subscription (currently $438 per annum). Clubhouse members are not eligible to hold a handicap. There is also an Overseas/Interstate option available to those residing outside of Victoria/Australia (currently $573 per annum).