After more than 100 years in the same family, 172 Peterborough Street is being offered to the open market for the first time, presenting a rare opportunity to acquire a property with genuine history, character and long-term potential.
Set on an exceptional 868sqm* HRZ landholding, the property combines a beautifully restored 160sqm* character villa with award-winning landscaped gardens, privacy and a highly sought-after central Christchurch location.
The property offers multiple avenues, including the opportunity to retain the villa as a prestigious central city residence, continue its current use as a high-end commercial office, or explore future redevelopment and residential intensification of the underlying landholding, subject to the relevant approvals.
Located close to Forte Health and an established medical precinct, the property is surrounded by an increasingly sophisticated residential environment, including several high-quality townhouse developments. The CBD, Avon River Precinct and One New Zealand Stadium are all within easy walking distance, providing exceptional amenity and accessibility.
Currently occupied by two established professional tenants through to 31 July 2027, the property provides holding income in the short term, while its HRZ zoning offers flexibility for future residential use and intensification, subject to approvals.
The property is currently consented for commercial office use. Any change of use to residential occupation may require further building, planning or other consents and purchasers should satisfy themselves as to the requirements applicable to their intended use.
For Sale by Deadline Private Treaty (unless sold prior), closing 4:00pm Thursday, 24 September 2026 (NZT). Contact the sole agents for further information.
Viewings by appointment only.
Key Features:
- 868sqm* HRZ landholding
- 160sqm* beautifully restored character villa
- 100+ years of family ownership
- Award-winning landscaped gardens
- Seven on-site car parks
- Two established professional tenants
- Income through to 31 July 2027
- Exceptional central city residential location
- Residential use and intensification potential, subject to approvals
*Approx.
