1/2 William Lewis Drive, Sockburn, Christchurch

Nestled at 2/2 William Lewis Drive, Sockburn, Christchurch, this industrial warehousing property boasts a prime location with dual street access. Constructed in 2016 with concrete walls and an iron roof, both in good condition, the unit features 354 square meters of floor area and is equipped with 7 off-street carparks. As a unit title property, it presents a brand new, high-quality warehouse with a ground floor office/showroom of 65 sqm and a first floor office of the same size.

Since August 2019, the capital value has seen a growth of 8.70%, from $920,000 to the current $1,000,000 as per the government valuation. The HouGarden AVM estimates the property at $960,000, while the latest sale records from 2024 indicate a transaction of $991,080, following a sale in 2016 for $830,000.

For families, the property falls within the catchment area of several schools, including Villa Maria College (decile 9) and St Thomas of Canterbury College (decile 8) for secondary education, Hornby Primary School (decile 3) for contributing education, and others. This makes it an attractive investment for those considering the convenience of schooling options.

Updated on October 09, 2024