Racing club punt on property

The Auckland Racing Club has released details of its 10-year masterplan to revamp Ellerslie racecourse.

Saturday, August 21st 2004, 4:49AM

by The Landlord

The club aims to boost its income by leasing prime land for homes and businesses around the 60-hectare course.

Chief executive Chris Weaver says the club has already budgeted more than $9 million for planning and improvements to course facilities.

Read More - Opens in a new window
« Property investors refocus on cash flowFree Investment Property Showcase Events: Auckland, Wellington and Christchurch »

Special Offers

Commenting is closed

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved