Nestled at 57/125 Bamford Street, Woolston, Christchurch, this industrial warehousing property boasts a contemporary design, built in 2016 with concrete walls and an iron roof, both in good condition. It features a single bathroom and a floor area of 40 square meters, operating under a Unit Title ownership. The absence of bedrooms and carparks adds to the unique character of this property, making it an interesting opportunity for investors.
With a Capital Value (CV) of $116,000 as of August 2022, this property has shown a remarkable increase of 45% from its $80,000 CV in August 2019. The HouGarden AVM estimates the property's value at $112,500, while the latest sale records from September 2024 and December 2014 indicate sales prices of $121,000 and $72,000 respectively, reflecting a steady growth in value.
For families with educational considerations, the property falls within the catchment area of several schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Ngutuawa School (Decile 3), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), Marian College (Decile 8), and Te Aratai College (Year 7&8, Decile 3), offering a range of educational options.
Updated on November 13, 2024