14-28 King Street, Pukekohe, Franklin

Investment prime location - development upside

• Combined rental return of $405,110 pa + GST
• Two adjoining freehold investments - opportunity to buy one or both
• Strong tenant mix anchored by fast food, retail and service operators
• Strong holding income while planning and consenting
• Properties are surplus to requirements
A unique and exceptional opportunity to acquire these centrally positioned properties in the heart of Pukekohe's retail and commercial precinct. The properties offer a split risk investment and are anchored by Domino's Pizza, Gold Legal, Tiny Turtles, and Top Notch, complimented by dynamic newcomers including The Ink Spot, 53 Acai, and MC Nails & Beauty. Beyond their immediate rental performance, the properties sit in a prime location with two road frontages offering a significant re-development opportunity situated in Pukekohe's CBD, the sites benefit from, flexible planning provisions that support redevelopment and intensification, offering
investors the option to reposition or further develop in line with the town's growth trajectory. In real estate terms Pukekohe has continued to enjoy a strong demand for commercial real estate for a number of years now. This has been driven by a
strong local economy above average population growth, and multi-million-dollar projects under construction and major investment into infrastructure.