151 Jellicoe Street, Te Puke, Te Puke

Split-Risk Investment on Prime Arterial Route

151 Jellicoe Street, Te Puke presents a well-balanced mixed-use investment opportunity combining industrial and residential components in a high-profile location. With excellent exposure to Jellicoe Street, Te Puke's main arterial route, this property offers strong street presence for commercial tenants while also providing convenient access to amenities for the residential occupier.

Positioned on a 681sqm (more or less) freehold site within the town's industrial zone, the property comprises two distinct tenancies:
Ground Floor: A very tidy 296sqm (approx.) office and workshop, currently leased to a well established tenant Te Puke Auto Electric (2018) Limited, with a rental increase to $37,632 + GST and outgoings effective from 20 August 2025.
First Floor: A well-presented 112sqm (approx.) two-bedroom apartment offering further upside through leasing or owner occupation.

Property Highlights:
• 408sqm (approx.) total floor area
• 681sqm (more or less) freehold land
• High-exposure location on busy Jellicoe Street
• Strong signage potential and street frontage
• Ground floor leased with rental growth secured
• Additional income potential from the residential unit

Contact the sole agents today for full details on this versatile Te Puke property.