25/35 Kennaway Road, Woolston, Christchurch

Located at 25/35 Kennaway Road, Woolston, Christchurch, this industrial warehousing property stands out with its unique blend of mixed materials for walls and an iron roof, both in good condition. The unit, part of a complex, spans a floor area of 50 square meters, offering 1 bathroom but no designated car parks. It operates under a Unit Title ownership, marking it as a distinct investment or business opportunity in the bustling industrial sector of Christchurch. Despite its recent construction in 2024, this property has already begun to make its mark in the market.

The financial trajectory of this property is noteworthy, with a capital value assessed at $130,000 as of August 2022. However, the HouGarden AVM estimates its value slightly lower at $127,500. The latest sale, recorded on October 31, 2022, saw the property change hands at $165,000, indicating a robust interest and a potentially lucrative investment opportunity. This discrepancy in valuations and the recent sale price suggests a dynamic market presence and the potential for capital value growth.

While specific school zone information and decile ratings are not provided, the property's industrial nature and location in Woolston, Christchurch, suggest its primary appeal is to investors and businesses rather than families looking for educational amenities. Nonetheless, its strategic location could offer convenient access to nearby facilities, including schools, for employees or owners with families.