10/35 Kennaway Road, Woolston, Christchurch

Located at 10/35 Kennaway Road, Woolston, Christchurch, this industrial warehousing property stands out with its unique characteristics. The property, with a floor area of 176 square meters, is constructed with mixed materials for the walls and iron for the roof, both in good condition, reflecting its recent construction in 2024. It operates under a Unit Title ownership, offering a specific type of property interest. Despite its industrial nature, the property does not include any car parks, land area, or specify the number of bedrooms and bathrooms, highlighting its specialized use.

The financial aspects of this property have seen significant changes over time. Initially, the government's capital value (CV) as of August 2022 was $410,000. However, a recent sale on April 18, 2023, dramatically increased its value to $535,000. This sale price not only surpasses the previous CV but also the HouGarden AVM estimate of $402,500, indicating a robust demand and potential underestimation of its market value.

While this property does not directly relate to residential amenities such as school zones, its industrial classification and recent construction year suggest a focus on commercial utility rather than educational proximity. The absence of information on school zones and decile ratings underscores its primary function as a warehousing space in Christchurch's industrial sector.