Clearwater Land Holdings Ltd owned the 18-hole, par-72 championship course, home to the New Zealand PGA Championship, near Christchurch.
The Companies Office website lists Darby, Rodney Hodge, also of Queenstown, and Diana Isaac, of Christchurch, as directors of Clearwater Land Holdings Ltd.
There are one million shares in the company, with 620,000 of those owned by Clearwater Property Holdings Ltd.
Its directors are Darby, Hodge, Donald Fletcher, of Queenstown, and Gregory Kenward, of Auckland.
The remaining shares are owned by Wildlife Investments Ltd, whose directors are Isaac, Robert Clarke and Alister Gordon, both of Christchurch.
In a statement yesterday, Clearwater Golf club board chairman Brian Vieceli said the course and other associated assets had been purchased by members of the club in a $3 million deal.
The transaction sees ownership of the golf course and associated infrastructure, tennis courts, the clubhouse, golf shop and locker rooms, membership lounge, overflow car park and land adjoining the 18th hole all passing to the members.
Included in the purchase were all the unsold membership shares, which had a value of more than $2 million.
Vieceli said development costs of the course alone were $15 million and the ownership gave the club control over its future direction.
"Until this purchase we were really in the hands of the developers, but now the control rests with us."
Darby said from Auckland yesterday the sale was always planned and it "successfully completed" a phase at the course.
"We sold down the memberships to the golf course and retained the golf course until we largely completed our development.
"As we were nearing completion it was appropriate to sell the asset . . . across to the members.
"We sold 350 memberships and a lot of real estate, so we're happy to transfer the asset at a significant discount to the members . . . to set it up for the future," Darby said.
