Nestled at 54/35 Kennaway Road in the serene Woolston neighborhood of Christchurch, this industrial warehousing property boasts a modern design, completed in 2024. Constructed with a robust mix of materials for the walls and iron for the roof, this unit title property presents a well-maintained facade and roof. It spans a floor area of 50 square meters and includes a single bathroom, making it a cozy and functional space. The property is valued at $130,000 according to the latest government valuation, reflecting a strong growth potential in the region.
With a HouGarden AVM of $122,500 and a recent sale on April 10, 2024, for $155,000, this property has shown a significant increase in capital value, indicating a promising investment opportunity. The rapid appreciation in value is a testament to the property's appeal and the area's growing market confidence.
For families considering the property, the school zone is a significant advantage. The local schools have a favorable decile rating, ensuring a high standard of education for children. This feature adds to the property's allure, making it an attractive option for both investors and families.
Updated on May 08, 2024