Taerutu Lane, Pegasus

  • 8,079 ㎡

Hotel Development Project

Property ID: 1692523

On offer is the hotel development site of approximately 8079 square meters along with the resource consent for the development of a 50 room hotel and conference venue. This is a premium site overlooking the tenth tee and fairway which is one of the courses signature holes.

Pegasus Golf Club has hosted three European ladies tour events and more recently the 2019 NZPGA tournament and Sir Bob Charles Tour in 2020

The resource consent also provides for a fully licensed restaurant and bar facility and enough capacity to cater for onsite conferences. The site is very close to the award-winning clubhouse and driving range which is integral for stay and play golfers and of course what is sure to be a successful corporate conference venue.

The hotel configuration allows for studios, one two and three bedroom units however, providing some dual key options can increase room numbers so long as you work within the boundaries of the consent.

Options around full management, a tenanted investment or a Management Rights structure are all of consideration and provides for a unique development in Canterbury’s fastest growing region, the Waimakariri.

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