37/35 Kennaway Road, Woolston, Christchurch

Located at 37/35 Kennaway Road, Woolston, Christchurch, this industrial warehousing property stands out with its unique blend of mixed materials for walls and an iron roof, both in good condition. The property, with a floor area of 50 square meters, is under a Unit Title ownership, indicating a focus on simplicity and efficiency. Despite its compact size, it offers one bathroom but lacks dedicated car parking spaces, catering to businesses that prioritize location and functionality over expansive facilities.

The property's financial journey reveals a dynamic market performance. Initially valued at $130,000 on August 1, 2022, it experienced a notable transaction on July 26, 2022, selling for $155,000. This sale underscores the property's potential for growth and investment. However, the HouGarden AVM estimates its value slightly lower at $127,500, suggesting a cautious optimism in its future market positioning.

While specific school zone information and decile ratings are not provided, the property's industrial nature and location in Woolston, Christchurch, suggest its primary appeal is to investors and businesses rather than families looking for educational amenities. Its strategic positioning and potential for appreciation make it an intriguing option for those looking to invest in Christchurch's industrial sector.