47/35 Kennaway Road, Woolston, Christchurch

Located at 47/35 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 under Unit Title ownership, spans a floor area of 36 square meters. Despite its compact size, it offers 1 bathroom but lacks dedicated car parking spaces. The property, set to be completed in 2024, does not feature any land area, highlighting its focus on industrial utility over residential or recreational space.

The property's capital value has seen fluctuations, with a notable increase to $95,000 as of August 2022. However, the HouGarden AVM estimates its value slightly lower at $92,500. The latest sale recorded on September 21, 2022, significantly exceeded these valuations, closing at $115,000. This sale underscores the property's potential value growth and investor interest in this industrial location.

While specific school zoning information is not provided for this industrial property, its location in Woolston, Christchurch, suggests proximity to local amenities and potential benefits from the area's infrastructure and community services. The focus for potential buyers or investors would primarily be on its industrial utility and future capital value growth.