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Explained: How much financial backing could save Pegasus Golf Course?

Author
Newstalk ZB,
Publish Date
Wed, 3 Jun 2026, 4:53pm
The Pegasus Resort and 18-hole championship golf club in North Canterbury. Photo / Supplied
The Pegasus Resort and 18-hole championship golf club in North Canterbury. Photo / Supplied

Explained: How much financial backing could save Pegasus Golf Course?

Author
Newstalk ZB,
Publish Date
Wed, 3 Jun 2026, 4:53pm

Previous bidders could help save Pegasus Golf Course.

Hundreds packed a community meeting last night to discuss Wolfbrook Properties' plans to convert the 80-hectare site into housing. 

Waimakariri District Council's agreed to investigate whether purchasing the land is an option.

Residents' Group President, Matt James, says golf course operators were keen before, and could be approached again.

"The objective is to make a few marriages of people who are already in the game, and people who have got the money to come up with the cash - profit and loss was very successful. What wasn't successful is the previous owner chose to not pay his bills." 

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