Nestled in the heart of Rangiora's industrial hub at 9 Grant Place, this versatile freehold workshop space is a gem for any entrepreneur. The property, with an average concrete wall and iron roof condition, features three roller doors, a functional office, and an upstairs storage mezzanine, spread across a floor area of approximately 330m2 on a land area of 475m2. The latest addition of a new roof and a building at 67% NBS ensures structural integrity and long-term utility. The property's Capital Value (CV) has seen a remarkable increase of 49.33%, from $375,000 in 2019 to $560,000 in 2022, showcasing its investment potential. The HouGarden AVM estimates the property's value at $552,500, while the latest sale history reports a transaction of $531,500 in 2024 and $270,000 in 2013.
For families, the property falls within a highly sought-after school zone. Rangiora High School and Rangiora New Life School, both with a decile rating of 9, are in close proximity, while Rangiora Borough School and Marian College offer additional educational options with deciles 7 and 8 respectively. The Christchurch Adventist School, a composite school with a decile rating of 5, is also accessible.
With such a prime location, combined with a thriving industrial community and exceptional school networks, this property presents a golden opportunity for both business growth and family living.
Updated on November 20, 2024