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Te Puke

67 Jellicoe Street, Te Puke, Te Puke

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926sqm Land area SQM
1,251sqm Floor area

Options and opportunities!


• Situated in the centre of the Te Puke CBD
• Frontage to Jellicoe Street with access to service lane and Mitre 10 shop to the rear
• Net income $45,000.00p.a. + GST and outgoings
• Vacant ground floor 596sqm and first floor 458sqm (approximately)

Located in the heart of Te Puke, the kiwifruit capital of New Zealand, this property represents an exceptional opportunity for those with vision.

A total ground floor area of 793sqm of which 197sqm has been leased to the national clothing company Caroline Eve who have been tenants for three years, commencing a new lease 1 December 2022. The balance of the ground floor, 596sqm, is an open canvas waiting for that little extra from the visionary and includes the ability to have a walkway through to the rear of the building.

Complimenting this offering is 458sqm of first floor space where the WBOPDC have issued a building consent for an accommodation unit comprising of 52 beds, separate managers accommodation, lounge, kitchen, dining and ablution areas.

Recently seismic strengthened to 70% of NBS.

A great opportunity for those with forward thinking and vision to create a real business hub in the centre of Te Puke.

Asking Price NZ$2,850,000 + GST (if any)
Graeme Coleman

Graeme Coleman


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

Features

Annual net rental


Currently returning $45,000 pa + GST + Outgoings

Floor area


793sqm ground floor, 458sqm first floor (approximately)

Tenancy


Vacant ground floor 596sqm and first floor 458sqm (approximately)

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