Located at 29/35 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, featuring 1 bathroom, and comes with a Unit Title ownership, indicating a focus on simplicity and efficiency. Despite its compact size, the absence of car parks and land area emphasizes its industrial usage and streamlined design, set to be completed in 2024.
The property's financial journey is noteworthy, with a capital value of $130,000 as of August 2022. This is contrasted by a HouGarden AVM of $127,500, slightly below the capital value. However, the property's value had previously peaked at $155,000 in May 2022, showcasing a dynamic market presence and the potential for growth in capital value.
While specific school zone information and decile ratings are not provided, the property's industrial nature and location in Woolston, Christchurch, suggest its primary appeal is to investors and businesses looking for warehousing solutions rather than families seeking educational opportunities.