26 Carex Rise, Cracroft, Christchurch

Discover the potential of 26 Carex Rise, Cracroft, Christchurch, a vacant residential property that promises an unparalleled opportunity to build your dream home. This exceptional 888m² site is elevated, flat, and faces north-west, offering panoramic views from the Southern Alps to the surrounding hills and nature reserves. Nestled in a quiet cul-de-sac with easy drive-on access, it's near the Christchurch Adventure Park and Port Hills, only 6.5km from Christchurch's City Centre. The area is renowned for its fantastic cafes, great supermarkets, and accessible walking tracks along the river. The property is zoned for top-tier schools, including Thorrington Primary, Cashmere Primary, Hoon Hay Primary, Christchurch South Intermediate, and the highly sought-after Cashmere High School.

From a financial perspective, the property has seen a significant increase in capital value, jumping from $310,000 in August 2019 to $680,000 in August 2022, marking a 119.35% growth. The latest sale records show a consistent value of $695,000 in both April 2022 and February 2024. The HouGarden AVM estimates the property's value at $665,000, underscoring its investment potential.

The property is ideally located within the school zones of Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, Aidanfield Christian School, Christchurch South Karamata Intermediate, Our Lady of the Assumption School, Cashmere High School, Thorrington School, Cashmere Primary Te Pae Kereru, Christchurch Adventist School, and Hagley Community College. These schools range from decile 5 to 10, indicating a high level of educational quality and community standards in the area.