Located at 30/35 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 unit, part of a complex, spans a floor area of 50 square meters, offering ample space for various industrial needs. Despite its significant utility, the property does not include car parking facilities and operates under a Unit Title ownership type, indicating a shared interest in the land. Built in 2024, this property represents modern industrial architecture and design.
The property's capital value has seen fluctuations, with a notable increase to $130,000 by August 2022. However, the HouGarden AVM estimates its value slightly lower at $127,500. The latest sale, recorded on March 21, 2023, significantly exceeded these valuations, closing at $160,000. This sale underscores the property's growing appeal and potential for investment, reflecting a robust demand in the Christchurch industrial market.
While specific school zoning information is not provided for this industrial property, its location in Woolston, Christchurch, suggests proximity to various educational institutions. Potential investors or occupants with educational needs would benefit from exploring local options to understand the impact of school zones on their decision-making process.