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1250 Main North Road

Pegasus Canterbury

3
1
170 m²
3.65 ha.
Other
Currently for sale - view listing

Overview

Landbank for the Future - 3.65ha of Opportunity!

Property file download link: http://propertyfiles.co.nz/1250mainnorthrd An exceptional opportunity awaits 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 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.

Features

3 bedrooms
1 bathroom
170 m² floor area
3.65 ha. lot size
Other

Property history for 1250 Main North Road

2021
Sold
05 Oct 2021

Happy sellers in Pegasus

70%
70% of sellers in Pegasus reported that their sale price either exceeded or met their price expectations.

Pegasus stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Pegasus over the last 12 months.

Local market activity for 3 bedroom other properties in Pegasus

In the last 12 months, 18 three-bedroom other properties similar to 1250 Main North Road, have been sold.

This represents a 31% increase in three-bedroom other properties sales when compared to the previous 12 months.

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