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Te Puke

126 Jellicoe Street, Te Puke, Te Puke

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1,869sqm Land area SQM
1,616sqm Floor area

Provincial CBD - Invest With Upside To Add Value


- Two large adjacent freehold properties located in the heart of the Te Puke commercial zone with total Rating Valuation at $1,500,000
- 126 Jellicoe Street - 1,869sqm land area with a 1,827sqm single level commercial building
- 19 Jocelyn Street - 2,033sqm land area, currently utilised as car parking and storage yard
- Three tenancy areas with current income from two tenants returning $90,283pa net + GST

The 126 Jellicoe Street site allows for excellent profile to the main shopping street precinct, which has been further enhanced by the re-routing of overflow traffic via the new eastern arterial link.

The building has had prior upgrades and benefits from dual access, providing for good traffic flow - a bonus for any future tenant/occupier.

The immediate vicinity provides a good mix of established businesses including Stihl Shop, Superliquor, New World Supermarket, cinema, banks and various food outlets.

Plenty of scope to redevelop or refurbish with existing income in place - A serious opportunity to invest, future occupy or upgrade and add value.

Asking Price NZ$1,200,000 + GST (if any)
Jo Stewart

Jo Stewart


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

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