9 Waimakariri Park Drive, Kainga, Christchurch

Located at 9 Waimakariri Park Drive, Kainga, Christchurch, this industrial warehousing property boasts a substantial floor area of 830 square meters on a freehold land parcel of 2625 square meters. Constructed in 2023 with mixed materials for the walls and an iron roof, both in good condition, it offers ample parking with 10 car parks available.

The property has seen a remarkable capital value (CV) increase from $340,000 in August 2019 to $2,450,000 in August 2022, marking a growth rate of 620.59%. The latest sale records show a transaction at $2,300,000 on January 23, 2024, following a previous sale at $787,000 on October 4, 2022. The HouGarden AVM estimates the property's value at $2,347,500.

In terms of education, the property is zoned for several schools with high decile ratings, including Christ the King School (Christchurch) and St Joseph's School (Papanui) both with a decile of 9, Villa Maria College and Middleton Grange School (Years 11 - 13) with a decile of 9, among others. This location offers excellent educational opportunities for families.

Updated on April 06, 2024.