46/35 Kennaway Road, Woolston, Christchurch

Located at 46/35 Kennaway Road, Woolston, Christchurch, this industrial warehousing property stands out with its unique characteristics. The building, set to be completed in 2024, features a floor area of 36 square meters and is constructed with mixed materials for the walls and iron for the roof, both in good condition. It operates under a Unit Title ownership, emphasizing its suitability for various industrial needs. Despite lacking in bedrooms and car parks, it includes one bathroom, catering to basic necessities.

The property's financial aspects are noteworthy. Initially, the capital value (CV) as of August 2022 was $95,000. However, a recent sale on June 9, 2023, saw the property fetching $120,000, indicating a significant appreciation in value. This is further supported by the HouGarden AVM, which estimates the property's value at $92,500, slightly below the initial CV but still reflective of its potential in the market.

While specific school zone information and decile ratings are not provided for this industrial property, its strategic location in Woolston, Christchurch, suggests convenience and accessibility for potential business operations, making it a noteworthy investment or operational site for interested parties.