Nestled at 27/35 Kennaway Road in the serene Woolston suburb of Christchurch, this industrial warehousing property boasts a modern construction, completed in 2024. It features mixed materials for the external walls, complemented by a robust iron roof, both in good condition. The 50 square meter floor area includes a single bathroom, designed with efficiency in mind. As a unit title property, it offers a unique ownership structure.
With a current Capital Value (CV) of $130,000 as of August 2022, the property has shown a significant increase in value, evidenced by the latest sale on October 24, 2024, for $161,000. The HouGarden AVM estimates the property's worth at $127,500, reflecting a promising investment opportunity with a notable growth percentage.
For families considering the property, the school zone is a key highlight. The local schools boast a favorable decile rating, ensuring a quality education for children within the area.
Updated on November 13, 2024