1010a Ferry Road, Ferrymead, Christchurch

Nestled at 1010a Ferry Road, Ferrymead, Christchurch, this industrial-light-manufacturing property, built in 1997, boasts a solid concrete exterior and a reliable iron roof, both in good condition. It offers 2 car parks and a floor area of 230 square meters under the Unit Title ownership.

With a significant increase of 39.58% in Capital Value from $240,000 in August 2019 to $335,000 in August 2022, the property's estimated value by HouGarden AVM stands at $412,500. The latest sale record on October 22, 2024, indicates a transaction price of $454,000, reflecting a promising investment opportunity.

Located in a desirable school zone, the nearby institutions include Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Mt Pleasant School (Decile 10), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), Marian College (Decile 8), and Te Aratai College (Decile 3), catering to diverse educational needs.

Updated on December 11, 2024