40/35 Kennaway Road, Woolston, Christchurch

Located at 40/35 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 property, set to be completed in 2024, spans a floor area of 40 square meters, under a Unit Title ownership type, making it an ideal choice for investors looking for a compact and efficient space. Despite its industrial categorization, the property includes 1 bathroom, enhancing its utility, while the absence of car parks and land area emphasizes its focus on warehousing capabilities.

The financial aspect of this property is highlighted by its capital value (CV) history and market performance. As of August 2022, the CV was recorded at $105,000. However, the HouGarden AVM estimates its value slightly lower at $102,500, indicating a potential market adjustment. Remarkably, the latest sale on October 17, 2022, saw the property fetching $140,000, showcasing a significant interest and investment potential in this area.

While specific school zone information and decile ratings are not provided for this industrial property, its location in Woolston, Christchurch, suggests proximity to various educational and community amenities, contributing to its appeal for potential investors or businesses looking for strategically located warehousing solutions.