Canterbury tennis club sells for $1.3 million
11 Dec, 2020 01:25 AM
2 minutes to read
229A King St in Rangiora sold for $1.3 million to a developer on Thursday. Photo / Supplied
229A King St in Rangiora sold for $1.3 million to a developer on Thursday. Photo / Supplied
NZ Herald
A large plot of land occupied by a Canterbury tennis club has sold for $1.3 million at auction.
The 5651sqm site, which has been in the hands of Rangiora Tennis club since 1930, was snapped up by a developer for almost $1 million above its 2019 rating value of $385,000.
Positioned in the heart of Rangiora, the site is zoned for residential development.