Sold

7 Ridge Road,
Tuakau, Franklin

2 bathrooms
5.63ha land size
Section

NZD 2,685,000


Property details

Cash Cow Yield

This is a great long term investment opportunity showing a very favourable secure yield. The property consists of 56310m2 of land ( more or less ) that is conveniently situated in a prime location close to Tuakau and Pokeno Townships and a short drive to Pukekohe.

This property has two secure long term leases in place generating over $160,000 per annum in income rental with further opportunities to increase this investment.
There is an original tidy 5-bedroom 2-bathroom home on the property, an expansive workshed suitable for further storage.,

The flat land also has 30 well-built Plastic Greenhouses that offer approx. 9000m2 of growing capacity plus one 114sqm packing shed plus other storage.
Water is sourced from an on-site bore and with two 25000L water storage tanks, with multiple water pumps, all your irrigation requirements are covered.
Vendors have made the decision to move on and are open to all discussions.
Private viewings are available.
Give me a call for an information pack.
Paul Robinson 021 047 6773
Ray White Pukekohe

Explore the area


School catchments

  • Harrisville School Primary Years 1-6 State 3.4km
  • Pokeno School Full primary Years 1-8 State 3.5km
  • Tuakau School Primary Years 1-6 State 3.7km
  • Buckland School Full primary Years 1-8 State 5.9km
  • Pukekohe Christian School Composite Years 1-15 Private 6.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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