Located at 8 Anchorage Road, Hornby South, Christchurch, this stunning standalone industrial property is a prime example of quality and convenience. With a floor area of 826 sqm and a land area of 1204 sqm, the property boasts a 747 sqm warehouse and a 154 sqm office/showroom and amenity space. Constructed in 2000 with concrete walls in good condition and a malthoid roof also in good condition, this freehold property is perfectly contoured for level access. The secure yard and ample off-street car parking make it an ideal choice for businesses looking for a reliable and efficient space. Available for the first time in 19 years, this property is unlikely to last long on the market.
The property has seen a significant increase in its capital value, from $1,530,000 in August 2019 to $1,880,000 in August 2022, marking a 22.88% increase. The HouGarden AVM estimates its value at $1,805,000. It last sold on January 23, 2024, for $2,200,000, a substantial increase from its previous sale price of $67,500 on July 14, 1997. This demonstrates the property's strong capital value growth and investment potential.
Situated in a desirable school zone, the property is close to several reputable schools including Villa Maria College (Decile 9), Hornby High School Years 7-8 (Decile 3), St Thomas of Canterbury College (Decile 8), South Hornby School (Decile 4), Middleton Grange School (Years 11 - 13) (Decile 9), Aidanfield Christian School (Decile 8), Christchurch Adventist School (Decile 5), and Hagley Community College (Decile 6). This wide range of educational institutions makes it an excellent location for employees and their families.
Updated on April 06, 2024.