45/35 Kennaway Road, Woolston, Christchurch

Located at 45/35 Kennaway Road, Woolston, Christchurch, this industrial warehousing property stands out with its unique characteristics. The building, set to be completed in 2024, features a floor area of 36 square meters and is constructed with mixed materials for the walls and iron for the roof, both in good condition. It operates under a Unit Title ownership, emphasizing its suitability for various industrial needs. Despite its lack of bedrooms and car parks, it includes one bathroom, catering to basic necessities.

The property's financial aspects are noteworthy, with a capital value (CV) as of August 2022 standing at $95,000. However, the HouGarden AVM estimates its value slightly lower at $92,500. The most recent sale, dated October 17, 2023, significantly exceeded these valuations, closing at $120,000. This sale indicates a robust interest in the property, highlighting its potential for growth and investment opportunities.

While specific school zone information and decile ratings are not provided for this industrial property, its location in Woolston, Christchurch, suggests proximity to various amenities and infrastructures, potentially benefiting employees and operations. The property's industrial nature and recent sale performance make it an intriguing option for investors and businesses looking for warehousing solutions in Christchurch.