80 Izone Drive, Rolleston, Selwyn

Located at 80 Izone Drive, Rolleston, Selwyn, this industrial warehousing property spans a generous land area of 1245 square meters with a floor area of 288 square meters. It boasts a freehold ownership type, providing full rights to the land and property. The building, with unknown wall and roof construction details, offers ample parking space with 7 car parks available. Despite the lack of information on the building's age and condition, its substantial size and strategic location make it a noteworthy investment.

The property has seen a remarkable capital value increase, jumping from $335,000 in July 2021 to $650,000 by September 2021, marking a 94.03% growth. The latest sale records show a transaction at $735,000 on January 15, 2024, up from $221,500 on June 19, 2019. The HouGarden AVM estimates the property's value at $622,500, indicating a strong market presence and potential for further appreciation.

Situated within excellent school zones, the property is close to Villa Maria College (Secondary, decile 9), Weedons School (Full Primary, decile 10), Rolleston College (Secondary, decile 10), St Thomas of Canterbury College (Secondary, decile 8), Middleton Grange School (Composite, decile 9), and Christchurch Adventist School (Composite, decile 5). These top-rated educational institutions add significant value to the property, making it an attractive option for potential investors or businesses.

Updated on April 06, 2024.