Golfers in Canterbury are set to lose a key location, with the Pegasus golf course, north of Christchurch, expected to be mowed over. 

Townhouse Developer Wolfbrook Property has purchased the town's 18-hole golf course, with plans to carve it up for housing. 

The company says the course will be temporarily open, free of charge. 

Golf Management+Marketing Director Mike Godinet told Lesley Murdoch frustration should be aimed at the previous owners who mismanaged the property, not Wolfbrook. 

He says it's makes commercial sense but will make locals unhappy. 

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