Property

Villas, apartment plan for Raglan golf course

A Waikato businessman has revealed plans for a $15 million housing development alongside Raglan Golf Club.

Thursday, June 10th 2004

The views for golfers would rival those of other more expensive New Zealand seaside courses, like Kauri Cliffs and Gulf Harbour, north of Auckland, but green fees would be more than $100 cheaper.

Phil Verry, who unsuccessfully bid $6 billion for the National Bank last year, wants to build and sell as many as 60 villas and condominiums around the 18-hole course. His family would fund the development and take any profit.

He has the full support of Waikato District Council and Raglan Golf Club, which has struggled in recent years to maintain membership and make money. The council is keen to meet Mr Verry and the Conservation Department, which owns the golf club land, to thrash out a deal.

Read More - Opens in a new window

Most Read

Unity First Home Buyer special 3.99
ICBC 4.25
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.35
Co-operative Bank - Owner Occ 4.45
TSB Special 4.49
ANZ Special 4.49
ASB Bank 4.49
SBS Bank Special 4.49
Unity Special 4.49
Westpac Special 4.49
TSB Special 4.00
SBS Bank Special 4.49
Kainga Ora 4.49
Kiwibank Special 4.49
Nelson Building Society 4.59
ICBC 4.59
Unity Special 4.65
BNZ - Std 4.69
ANZ Special 4.69
Westpac Special 4.75
ASB Bank 4.75
SBS Bank Special 4.99
ICBC 4.99
Kainga Ora 5.15
Westpac Special 5.29
BNZ - Std 5.29
Kiwibank Special 5.39
TSB Special 5.39
ASB Bank 5.45
AIA - Go Home Loans 5.45
Co-operative Bank - Owner Occ 5.49
SBS Bank 5.59
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 3.95
Co-operative Bank - Owner Occ 4.99
Co-operative Bank - Standard 4.99
Heartland Bank - Online 5.30
ICBC 5.39
Kiwibank - Offset 5.65
Kiwibank 5.65
ANZ 5.69

More Stories

Wednesday, January 07th 2026

Queenstown not off the radar for first home buyers

First home buyers are not being deterred by Queenstown’s soaring house prices.

Record levels of first home buyers taking out low deposit loans

Tuesday, December 23rd 2025

Record levels of first home buyers taking out low deposit loans

About half of all first home buyer lending has been done at a less than 20% deposit in recent months.

Buyers sitting on the sidelines in best time to buy in a decade

Thursday, December 04th 2025

Buyers sitting on the sidelines in best time to buy in a decade

Stable house prices, low interest rates and plenty of houses to choose from are still not enticing buyers.

Differing views on 50-year mortgage

Tuesday, December 02nd 2025

Differing views on 50-year mortgage

US president Donald Trump recently raised the idea of 50 year mortgages; but New Zealand advisers say such long loans won’t take off in New Zealand.