72 Adams Drive, Pukekohe, Franklin

Hard Working Industrial Investment

•Returning $85,800 pa from two well established tenants
•Under rented with significant future upside
•Free hold, tilt slab construction, standalone land & building
•Centred amongst Pukekohe diverse mix of industrial businesses
•Properties in this area are very tightly held area
This an exceptional and unique opportunity to buy this multi-purpose industrial property with two well established tenants situated in Pukekohe's prime industrial area of Adams Drive.
The main tenant is a vehicle dismantler who occupies the majority of the property and there is a separate well-appointed apartment leased to a local contractor.
The property is under rented and there is significant upside to increasing the rental at the next rent review.
In real estate terms Pukekohe has continued to enjoy strong demand for industrial properties for several years now. This has been driven largely by a strong local economy, above average population growth and a number of large projects under construction.

To be sold by public auction on the 12pm Tuesday 12th December 2023, at Bayleys real Estate Pukekohe 8 Massey Ave.