62 Pegasus Main Street, Pegasus, Waimakariri

Pegasus Town Centre Canterbury

• Located in the fast-growing North Canterbury town of Pegasus
• Core neighbourhood centre format with broad range of tenancies
• Net operating income of $229,661 + $183,000 per annum
• Master planned mixed-use focus with quality and well-designed improvements
• Well-established with over 1,200 homes forming the immediate catchment

The Pegasus Town Centre features three commercial buildings of which two are being offered for sale. This is an affordable investment opportunity including for owner occupiers with the ability to create additional value in a fast-growing residential location. Positioned in the heart of the Pegasus residential precinct, this is an outstanding amenity to support the local community and visitors alike. Offering a diverse tenancy mix of retail, commercial and hospitality over a net lettable area of 1,412sqm + 363sqm.

The new Northern Expressway significantly increases accessibility including from the Christchurch CBD and Christchurch International Airport. Future planned development includes tourism related activity and complementary commercial uses. Additional development land could be made available together with the third commercial building to expand the investment profile.