Golf club starts wait for new course

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

Relevant offers

Industries

Visible cartons allowed in alcohol area Rob Campbell to replace retiring SkyCity chairman Failure to build Waimea Dam would put 75 jobs 'in jeopardy' Chart of the day: The cost of renting in Invercargill The $50 billion Maori economy is poised to get bigger European Union fines Google a record $3.55 billion for antitrust breaches Mainfreight founder turns eye to social and environmental issues Toss the carpark vistas, designer urges Hamilton ANZ $32 million out of pocket from Pumpkin Patch collapse Hosting the America's Cup would bring profile and visitors to New Zealand

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