Nestled at 21 Quadrant Drive, Hornby South, Christchurch, this industrial warehousing property boasts a spacious floor area of 11,925 square meters and a vast land area of 20,261 square meters. It is complemented by 45 carparks and freehold title, ensuring both convenience and investment security. The exterior walls and roof, constructed of iron, are in good condition, befitting the building's modernity as it was built in 2024.
With a government capital value of $23,050,000 as of August 2022, the property's value has shown a significant increase. The latest sale on May 31, 2024, was for $21,687,760, while the HouGarden AVM estimates the property's worth at $22,447,500, reflecting a promising growth trend in its capital value.
For families or investors considering the property's educational benefits, it falls within a desirable school zone. The local schools have a favorable decile rating, ensuring a high standard of education for the community.
Updated on July 26, 2024