44/35 Kennaway Road, Woolston, Christchurch

Located at 44/35 Kennaway Road, Woolston, Christchurch, this industrial warehousing property stands out with its unique blend of features. It encompasses a floor area of 75 square meters, housed within walls of mixed materials under an iron roof, both in good condition. Despite its industrial categorization, the property includes 1 bathroom, while the specifics regarding bedrooms and car parks are not provided. The property, built in 2024, operates under a Unit Title ownership type, indicating a shared interest in the property's common areas alongside individual ownership of a specific unit.

The financial history of this property reveals a dynamic market performance. Initially valued at $190,000 on August 1, 2022, the property's estimated value according to HouGarden AVM stands at $185,000. However, its most recent sale on February 15, 2022, defied these valuations, fetching a price of $235,000. This discrepancy highlights the property's potential for value appreciation and the volatile nature of real estate investments.

While the property's industrial nature might not directly correlate with educational facilities, its location in Christchurch places it within reach of various schools, potentially affecting its desirability for businesses considering the proximity to educational institutions for their employees' families. However, specific school zone information and decile ratings are not provided, suggesting that potential buyers or tenants should conduct their own research to assess the property's suitability for their needs.