Located at 7/19 Nga Mahi Road, Sockburn, Christchurch, this quality near-new warehouse and office building is an ideal location and size for small businesses or storage. It features great stud height, natural light, electric roller door access, and onsite car parking. The property, categorized under Industrial - Light manufacturing, has a floor area of 315 sqm, including a ground floor office & amenities of 52 sqm, a first floor mezzanine/office of 48 sqm, and a warehouse of 227 sqm. It comes with 6 onsite car parks and is constructed with mixed materials for the walls and iron for the roof, both in good condition, dating back to 2012. The ownership type is Unit Title.
The capital value of the property has seen an increase from $710,000 in August 2019 to $770,000 in August 2022, marking an 8.45% growth. The HouGarden AVM estimates the property's value at $740,000. The latest sale recorded was on January 12, 2024, for $860,000, following a previous sale on April 21, 2021, for $760,000.
The property is zoned for several reputable schools, including Villa Maria College and Middleton Grange School (Years 11 - 13), both with a decile rating of 9, St Thomas of Canterbury College and Aidanfield Christian School, with a decile rating of 8, and Riccarton High School and Hagley Community College, both with a decile rating of 6. Christchurch Adventist School, with a decile rating of 5, is also within the zone.
Updated on April 06, 2024.