LARGE FREESTANDING BUILDING - KINGSROVE
THE PROPERTY IS LOCATED ON THE WESTERN SIDE OF RICHLAND STREET WITHIN THE ESTABLISHED INDUSTRIAL AREA OF KINGSGROVE. THE SITE IS APPROXIMATELY 14KM SOUTH WEST OF THE CBD AND SOON TO THE M5 MOTORWAY. THE PROPERTY FALLS WITHIN THE COUNCIL OF CANTERBURY.
A FUNCTIONAL OLDER STYLE WAREHOUSE WITH GOOD CLEARANCE AND REAR YARD AREA THAT ALLOWS FOR OUTDOOR STORAGE. THE OFFICE ACCOMMODATION HAS EXCELLENT NATURAL LIGHT AND IS AIR CONDITIONED. THE PROPERTY HAS THE ABILITY TO BE SPLIT INTO 2 SEPARATE AREAS
The size of Kingsgrove is approximately 4.5 square kilometres. It has 22 parks covering nearly 7.6% of total area. The population of Kingsgrove in 2011 was 11,515 people. By 2016 the population was 12,433 showing a population growth of 8.0% in the area during that time. The predominant age group in Kingsgrove is 40-49 years. Households in Kingsgrove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingsgrove work in a professional occupation. In 2011, 73.5% of the homes in Kingsgrove were owner-occupied compared with 71.8% in 2016.
Kingsgrove has 6,024 properties. Over the last 5 years, Houses in Kingsgrove have seen a 64.69% increase in median value, while Units have seen a 19.18% increase. As at 31 October 2024:
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