Te Puke
151 Jellicoe Street, Te Puke, Te Puke
+15
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.
James Ross
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Rory Brown
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Floor area details
Ground Floor: 296sqm (approx.) Apartment: 112sqm (approx.)
Land area breakdown
681sqm (more or less)
Exposure
High profile position on Jellicoe Street
Location
Positioned in Te Puke industrial zone
Have your questions answered
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
Request more information
Contact us and have your questions answered.