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Christchurch Central

138,148 and 158 Pegasus Boulevard, Pegasus, Christchurch Central, Christchurch

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Hotel and spa village development opportunity


The offering of Lots 138, 148, and 158 Pegasus Boulevard presents an exceptional opportunity to secure three adjoining, prime development sites neighbouring the Pegasus Golf and Sports Club and its 18-hole championship course. Together, the three freehold titles total approximately 5.86 hectares, providing a substantial yet manageable footprint for immediate planning and development.
Under the Partially Operative District Plan 2025, the sites are zoned Special Purpose - Pegasus Resort, enabling a diverse range of uses including hotel and visitor accommodation, as well as tourism, spa, wellness, and hot pool complexes that complement the surrounding resort environment.
Strategically positioned within the high-growth Waimakariri District, the property enjoys seamless integration with the established Pegasus and Ravenswood townships and excellent access to amenities such as Pegasus Lake, local retail, and a primary school.
With its premium location only 22 minutes from Christchurch International Airport and 30 minutes from Christchurch CBD via the Northern Motorway.

Price on Application
Wayne Keene

Wayne Keene

National Director - Hotels, Tourism and Leisure Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Jesse Paenga

Jesse Paenga

Investment, Retail and Office Sales and Leasing

Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Land area breakdown


5.86 hectares (more or less)

Investment


NZTE previously approved for Active Investor Plus

Local amenities


18-hole Championship Golf Course / driving range

Tourism


Total Capacity of 515 tourism accommodation units

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