Golf club starts wait for new course

DUBBY HENRY
Last updated 17:17 04/07/2013

Relevant offers

Industries

Eight week extension to Kaikoura business support package Guilty verdicts in Auckland roading corruption case Ngai Tahu, Ngati Whatua have top financial performance of iwi Queenstown swim coach Jane Hughes closes business after losing battles with council Liquidators find $9m in suspected ponzi but 'substantial funds' transferred Fairfax New Zealand confirms bid but no discussions on possible sale Shanton in receivership again Edge of the Kiwi universe: the most remote businesses in New Zealand Demand for more mobile data on the rise Fairfax NZME merger: focus on plurality

Manukau Golf Club is waiting ''with bated breath'' for consent to build its new and improved South Auckland home.

Members struck a $40 million deal with Fletcher Residential in January which would see the club move to a 60ha facility in Ardmore and its Takanini fairways covered by high-end housing.

Fletcher plans to buy the 47ha golf course and build about 450 homes, with an upper price range of more than $600,000.

The land stretches from Great South Rd to the Manukau Harbour and is already zoned residential.

Fletcher will build the club a new 18-hole course 8km away, as well as a driving range, short-hole course and function centre, which the club hopes will help increase revenue and pay down debt.

As the two projects hinge on each other succeeding, the parties have asked for both resource consents to be considered at the same time, club general manager Stewart Halligan says.

''It was a lot of work to get them to do the two consents in tandem so now we're just waiting with bated breath for the outcome.''

The consents are expected within weeks.

Fletcher Residential Ltd - 52 per cent foreign-owned - also needed the approval of the Overseas Investment Office to buy the property.

It received that in May.

The golf club's big move is not expected until 2016. Meanwhile its 700 members will play the Takanini course.

Ad Feedback

- Stuff

Special offers

Featured Promotions

Sponsored Content