12/26 Central Avenue, Prebbleton, Selwyn

Nestled in the heart of Prebbleton, this 104m2 commercial unit at 12/26 Central Avenue boasts a prime location within the fully completed Prebbleton Village Shopping Centre. It features 4 car parks and is complemented by a long-term 8-year lease with 2 opportunities for 8-year renewals. The unit, with a capital value of $710,000 as of September 2021, is positioned between the popular Fresh Choice supermarket and a new Medical Centre. Constructed with mixed materials for both the walls and roof, this unit is in a good condition and presents a low-maintenance investment opportunity. The property's CV has seen a significant increase, reflecting the latest sale price of $544,571 on August 19, 2024. HouGarden's AVM estimates the value at $680,000, indicating a promising growth trend.

With a unit title, this property is a part of a complex that exudes convenience, with excellent access for pedestrians and vehicles, along with ample on-site parking. The surrounding tenancies enhance the appeal of this retail space, making it an attractive option for investors.

For families, the property falls within the zone of several high-ranking schools. These include Villa Maria College (Decile 9), Prebbleton School (Decile 10), Lincoln High School (Decile 10), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Years 11-13, Decile 9), Aidanfield Christian School (Decile 8), and Christchurch Adventist School (Decile 5), ensuring a quality education for all ages.

Updated on October 09, 2024