122 Dyers Pass Road, Cashmere, Christchurch

Nestled on the prestigious Dyers Pass Road in Cashmere, Christchurch, this 805sqm freehold property presents a rare opportunity to design and construct your ideal home. With a capital value of $550,000 as of August 2022, this vacant land has seen an impressive 83.33% increase since August 2019. The property boasts a 2-car park space and is situated on a steep fall, offering panoramic views of the Port Hills and Christchurch Adventure Park. While the current building's condition and construction details are unknown, this does not detract from the potential of the site.

With a HouGarden AVM of $505,000 and recent sales history, including a sale in 2024 for $510,500, the value of this property is clear. The latest sale in 2021 was for $385,000, indicating a steady growth in the area's property market. The property falls within a high-demand school zone, including secondary schools like Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), as well as Middleton Grange School and Aidanfield Christian School, both at Decile 9 and 8 respectively. Cashmere Primary Te Pae Kereru and Cashmere High School, both Decile 10, are conveniently located nearby.

Set in a serene cul-de-sac, the location offers a blend of tranquility and convenience, with easy access to the city center and local amenities. The area is rich in recreational opportunities, with Victoria Park and Harry Ell Track in close proximity, and Barrington Mall and Pioneer Recreation and Sports Centre just a short commute away. This exclusive opportunity is perfect for those seeking to build a dream home in a thriving community with excellent educational options.

Updated on December 11, 2024