This unique industrial-zoned two-bedroom apartment at 9/53 Tanner Street, Woolston, Christchurch, offers a blend of residential comfort and commercial potential. Built in 2006 with a floor area of 142m2, the property features solid concrete walls and an iron roof, both in good condition. The level contour and Unit Title ownership make it an attractive proposition for investors or those seeking a lock-up-and-leave lifestyle. Notably, the property is situated in a prime location beside The Tannery, providing easy access to shopping, dining, and brewery options.
The property's capital value has seen a significant increase, from $385,000 in August 2019 to $485,000 in August 2022, marking a 25.97% growth. The HouGarden AVM estimates its value at $465,000. Its sale history includes transactions at $400,000 in December 2014 and $430,000 in December 2023. The ground floor offers versatile space that can be adapted for various uses, including office, workroom, or storage, complemented by triple car garaging.
Education is well catered for, with nearby schools including Middleton Grange School, Hillview Christian School, Christchurch Adventist School, Hagley Community College, Marian College, Te Aratai College, and Opawa School, covering a range of deciles from 3 to 9. This property is not just a place to live; it's an opportunity for a lifestyle that combines work and leisure in a vibrant community.
Updated on April 06, 2024.