Located at 24/35 Kennaway Road, Woolston, Christchurch, this industrial warehousing property stands out with its unique blend of mixed materials for the walls and an iron roof, both in good condition. The unit, part of a complex under Unit Title ownership, spans a floor area of 50 square meters. Despite having no land area, it offers one bathroom but lacks bedroom and carpark facilities. Built in 2024, this property represents modern industrial design and functionality.
The property's capital value as of August 2022 was $130,000, with a HouGarden AVM estimate slightly lower at $127,500. However, it recently sold for $165,000 on September 19, 2023, indicating a significant increase in value and demand for this type of property in the area. This growth reflects the property's potential for investment and the rising interest in industrial spaces within Christchurch.
While specific school zone information and decile ratings are not provided for this industrial property, its location in Woolston, Christchurch, suggests proximity to various amenities and potential benefits from the area's development and infrastructure. The property's recent sale and value increase highlight its appeal in the current market.