Sold: $454,000

Sold on 2024 Year 2024 Month 10 Day 22

1010a Ferry Road, Ferrymead, Christchurch

230m²

Nestled at 1010a Ferry Road, Ferrymead, Christchurch, this industrial-light-manufacturing property, built in 1997, boasts a solid concrete exterior and a reliable iron roof, both in good condition. It offers 2 car parks and a floor area of 230 square meters under the Unit Title ownership.

With a significant increase of 39.58% in Capital Value from $240,000 in August 2019 to $335,000 in August 2022, the property's estimated value by HouGarden AVM stands at $412,500. The latest sale record on October 22, 2024, indicates a transaction price of $454,000, reflecting a promising investment opportunity.

Located in a desirable school zone, the nearby institutions include Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Mt Pleasant School (Decile 10), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), Marian College (Decile 8), and Te Aratai College (Decile 3), catering to diverse educational needs.

Updated on December 11, 2024

Council Data

Last update : 2025 01 01

Improvement value$55,000Increased by 120% from year 2019

Land value$280,000Increased by 30% from year 2019

CV(Year 2022 Month 08)$335,000Increased by 39% from year 2019

Floor area230m²

Decade of construction1997

TitleCB42A/1222

Type of titleUnit Title

Legal descriptionPU A AUA1 AUA3 UP 64635 ON PT LOT 4 DP 58048

CouncilChristchurch

Estate descriptionSTFH,1/1,UNIT A AND ACCESSORY UNIT A1 AND A3 DEPOSITED PLAN 64635

ConstructionExternal Walls: Concrete
Roof: Iron

ConditionExternal Walls: Good
Roof: Good

ZoningIndustrial General

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Mt Pleasant School	1.21 km	Primary	1-8	Government	Co-Educational	EQI: 397	10	Detail
Te Aratai College	3.57 km	Secondary	7-15	Government	Co-Educational	EQI: 518	3	Detail
Hillview Christian School	4.00 km	Combined	1-13	Government	Co-Educational	EQI: 421	7	Detail
Marian College	4.99 km	Secondary	9-15	Government	Single Sex-Girls	EQI: 434	8	Detail
Te Puna Wai o Waipapa - Hagley College	6.79 km	Secondary	9-15	Government	Co-Educational	EQI: 472	6	Detail
Christchurch Adventist School	9.82 km	Combined	1-13	Government	Co-Educational	EQI: 438	5	Detail
Middleton Grange School	10.42 km	Combined	1-13	Government	Co-Educational	EQI: 406	9	Detail

Property history

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For developers

Unitary plan:Industrial General

Land:-

Title:Unit Title

Ferry Road Neighborhood and Surrounding Data
Ferry Road neighborhood is a sub-region located within Ferrymead city

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
68 Ti Rakau Drive, Woolston	0.51 km	4	2	-m²	Year 2024 Month 11 Day 08	$690,000	Council approved
14 St Andrews Hill Road, Mount Pleasant	0.50 km	2	1	140m²	Year 2024 Month 10 Day 31	-	Council approved
26 Charlesworth Street, Woolston	0.30 km	2	1	90m²	Year 2024 Month 10 Day 23	$540,000	Council approved
879 Ferry Road, Woolston	0.33 km	3	1	104m²	Year 2024 Month 10 Day 11	$430,000	Council approved
2/31 Charlesworth Street, Woolston	0.30 km	3	1	110m²	Year 2024 Month 09 Day 20	-	Council approved