Huge 157ha site of defunct golf course proposal up for mortgagee sale
A huge tract of land on the outskirts of Christchurch, previously earmarked for a luxury golf resort, has been put up for mortgagee sale.
The block of land at Spencerville is made up of two sites that were proposed for Whisper Creek Golf Course, designed by English golfing great Sir Nick Faldo.
The 157ha site borders the Styx River on the northern fringe of Christchurch.
Colliers International is selling the lion's share of 92ha at 165 Turners Road, Ouruhia, by deadline private treaty, closing June 22.
JLL is marketing the adjacent 64ha at 242 Spencerville Road.
Shane O’Brien, national director of Rural and Agribusiness at Colliers International, says the larger site was formerly a well-known, family-owned dairy farm with some market gardening on the good soils.
There is extensive shedding on site, along with three good houses.
“We think there are a lot of potential different uses for this site," O'Brien says.
"The existing zoning allows substantial development opportunities including four hectare lifestyle blocks.
"The picturesque Styx River boundary, three road frontages and lovely rural vistas afford a great opportunity for the prudent buyer.”
The property is 13.5km from the city centre, is in five titles and has road frontages onto Turners, Teapes and Lower Styx roads.
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