The Australian Light Horse Memorial Park in Seymour will receive $405,000 for improvements.
Works are expected to start in February and be finished next September.
The project includes upgrades to Waler Paddock Lake access and the public walking trail. The road access and car park will also be upgraded and extended so more people can visit.
Visitors can learn about the park’s rich history through new interpretive and information signage.
The park, formerly known as Seymour Camp, is a hidden gem of military history covering 150 hectares of beautiful countryside.
From a light horse training ground pre-Federation to a base camp in World War II, thousands of Australian diggers have trained and rested on the park.
It is hoped the improvements to the park increase tourism in the Goulburn region and flow-on economic benefits for local businesses.
In the 2019-2020 financial year, tourism was estimated to be worth $450 million to the Goulburn region.
The money will come from the Victorian Government’s Regional Tourism Investment Fund.
Park trust chairman Scott McKay was grateful for the government’s support.
“The park has a long and proud military history that has spanned pre-Federation up to the Second World War and, with the new upgrades, future generations of Australians can continue to learn and enjoy what the park has to offer,” Mr McKay said.