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Te Puke

91 Jellicoe Street, Te Puke, Te Puke

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230sqm Floor area
731sqm Land area SQM

Asking Price NZ$620,000 + GST

 (if any)

Take a punt


•Established BOP Brewery brand tenant with community based trading history
•Manageable slice of CBD holding, comprising 731sqm in the heart of the Te Puke township
•Generating an annual net income of $35,820 plus GST with built-in rent reviews
•Priced to appeal to a wide investor market from first time commercial buyers to longer term portfolios


Perfect time to secure a property in a location with strong provincial underpinning in the kiwifruit industry, various horticulture orchards and dairy farms in the vicinity, providing this township with continued industry growth.
The existing 230sqm (more or less) building is positioned to allow for plenty of rear parking or options for future expansion and re-development in the coming years.
Capture the returns on offer here during the tenant's lease term, with the benefit of this sites future appeal to a range of commercial businesses and its prominent central position.
The odds are in your favour with this investment.

Josh Smith

Josh Smith


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Daniel Keane

Daniel Keane


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Jo Stewart

Jo Stewart


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

Features

Excellent


CBD location

Long


term lease in place

Plenty


of parking at rear