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Charlottetown man puts P.E.I. golf course up for sale



AVONDALE, P.E.I. — Wendell MacEachern is seeking to work extra on his golf handicap and fewer on working a 176-acre golf course.

The 70-year-old Charlottetown enterprise proprietor has put Avondale Golf Membership up on the market and is asking for $4.5 million.

The sale value options a further 374 acres of land MacEachern owns across the footprint of the course.

“It has been a terrific expertise,’’ MacEachern stated in an interview with SaltWire Community on March 28. “I’ve owned 10 corporations in my life, and that is, by far, the perfect one. I take pleasure in being out right here day-after-day. I’ve obtained an excellent employees and I’ve had good employees retention. It’s been a really enjoyable trade, and since COVID there was a resurgence in golf.’’

Nonetheless, MacEachern stated it’s time for him to step away and focus on having fun with the sport.

“I’m 70 years outdated, and it’s time for me to begin slowing down. I’ve solely obtained 15 to twenty years of golf left in me,’’ he chuckled.

Avondale Golf Membership opened in 1999, however the enterprise would go into receivership a number of years later. MacEachern and one other associate took it over in 2004.

MacEachern finally purchased out the opposite associate and has been working it alone for the previous couple of years.

If the proper supply comes alongside, he is not going to discover it laborious to stroll away.

“I’ve obtained no emotional attachment to the golf course {that a} cheque wouldn’t separate me from. I can stroll away from it figuring out that I had a completely nice 20 years.’’

James Beaton, MacEachern’s realtor with Exit Realty, stated there’s a actual alternative to promote the whole 550 acres as one package deal.

Beaton stated he envisions the 374 acres across the course as being prime actual property for mixed-residential improvement reminiscent of condominiums or semi-detached houses.

“Charlottetown and Stratford are already bursting on the seams, and also you’ve obtained Georgetown and Montague on the opposite aspect,’’ Beaton stated. “Persons are going to begin desirous to get away from Charlottetown and Stratford. Persons are getting priced out, and it’s competing with the life-style they envisioned.’’

MacEachern agrees with Beaton, including that it may very well be one thing that develops over time.

“It’s solely 20 minutes to Stratford and Charlottetown, and the journey is getting shorter and shorter with each greenback that the (provincial) authorities invests in our roads and infrastructure.’’

Do you know?

• Wendell MacEachern used to personal the previous Myron’s nightclub and the YMCA in Charlottetown.

MacEachern stated he was approached with a proposal to promote a yr in the past, however the two events couldn’t come to an settlement.

MacEachern added that if he can shut a deal this time, he can be prepared to remain concerned for some time and assist the place he may.

Dave Stewart is a reporter with SaltWire Community in Prince Edward Island. He might be reached at [email protected] or on Twitter @DveStewart

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