Property file download link: http://propertyfiles.co.nz/1250mainnorthrd

An exceptional opportunity awaits developers, investors and land bankers to secure one of the last remaining large-scale landholdings within the thriving Pegasus community. Positioned prominently along Main North Road, 1250 Main North Road offers an impressive 3.6535 hectares (more or less) of freehold land, presenting outstanding scale and future potential in one of North Canterbury's fastest-growing corridors.

Adding further appeal, the property benefits from two separate entrances to the site, providing additional flexibility and potential advantages for future site planning and access arrangements. With prominent Main North Road frontage, an established residential catchment and easy connectivity to State Highway 1, this is a strategic landholding offering plenty to explore for those with vision.

Pegasus has developed into one of North Canterbury's most desirable master-planned communities, attracting families, professionals, retirees and investors alike. The property enjoys a superb location, approximately 23 minutes from Christchurch CBD and 18 minutes from Christchurch International Airport, while being close to Pegasus Lake, recreational facilities and established amenities. Whether you are considering a future development, retirement village, healthcare facility or long-term land banking opportunity, this substantial holding deserves your attention.

Large-scale opportunities in established communities like Pegasus are becoming increasingly scarce. With its generous land area, dual site entrances and strategic location, 1250 Main North Road represents an opportunity to secure a significant piece of land in a growing region. The property will be sold by Auction on 26 November 2026. All future development is subject to Council approval, applicable zoning, resource consent and other statutory requirements. Buyers are encouraged to undertake their own due diligence and seek independent professional advice.