Property Description

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 retention of the villa as a prestigious central city residence or high-end commercial office, together with potential future redevelopment or 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 intensification or alternative uses, subject to approvals.

For Sale by Deadline Private Treaty (unless sold prior), closing 4:00pm Thursday, 24 September 2026 (NZT). Contact the sole agents for further information.

Key Features:

868sqm HRZ landholding
160sqm beautifully restored character villa
100+ years of family ownership
Two established professional tenants
Income through to 31 July 2027
Seven on-site car parks
Residential intensification potential, subject to approvals