16 Shakespeare Road, Waiuku, Franklin

Industrial corner site - plenty of potential

• 1.3104ha (more or less) fee simple site
• Generating a return of $78,000pa inclusive of GST
• Business Light Industry zone
• Adjacent to the Fernleigh Industrial Estate

This immaculate high profile 1.3104ha (more or less) fee simple corner site presents the opportunity to purchase an in-demand Business Light Industry zoned property in a fast-growing location.

Offering two road frontages onto Shakespeare Road and the busy Glenbrook-Waiuku Road, to State Highway 1, and is only a few minutes' drive to Pukekohe and the Waiuku Town Centre. It is also adjacent to the Fernleigh Industrial Estate which is expected to provide an additional 100ha of industrial land to the South Auckland region over the next 5-10 years.

Investors taking a longer-term view with the property can take comfort in the returns generated by the 1980's brick and tile four-bedroom home on the property. The rental income of $1,500 per week, returning a total net income of $78,000pa, provides the security of a holding income to investors.

This property is ideal for investors, developers, and land bankers. Call today to arrange a viewing.