The state government and Bathurst Regional Council have joined forces to commit to brand new playground infrastructure at Eglinton Oval.
Council has committed $172,160 towards the project, with a further $100,000 sourced from the state government's Stronger Country Communities Fund.
Bathurst mayor Bobby Bourke said the old playground would be removed so the upgrade could start on a clean slate.
"The new playground will be suited for children of all ages and abilities so that as many youngsters as possible benefit from having it virtually in their own backyard," Cr Bourke said.
"Some of the features planned for the site are a giant, all-abilities bucket swing, new seating and picnic areas, beautification works, shade, rubber softfall, mulched areas and new paths to connect with the car park."
Bathurst MP Paul Toole said the playground upgrade is necessary to cater for the growing population of the Eglinton community.
"Infrastructure such as this enhances lifestyle for residents and benefits young people, which is important for their quality of life," Mr Toole said.
"The location for this playground upgrade at Eglinton Oval was identified as being ideal for this project due to its proximity to a residential area, the local public school, adjacent sporting fields and tennis courts."
The project is expected to commence in January 2021 and be complete by August.
Council and the state government have recently joined forces for a similar recreational initiative at Perthville, where $544,118 was contributed towards new multi-purpose sports courts and a fitness station.