83 Jellicoe Street, Te Puke, Western Bay Of Plenty
price TBC
1,530m2
473m2
Investment Te Puke
83 Jellicoe Street has excellent profile and is located on a 1530m2 freehold site on Te Puke's main retail/commercial street with rear access/parking from Queen Street. The property is surrounded by quality neighbouring businesses including a variety of busy retail shops, cafes, commercial services and offices. The property presents a fantastic opportunity for an investor or developer with secure holding income and future development options. Total area: 1530m2 . Total net lettable area: 489.19m2 (ground floor retail 293.25, ground floor office/amenities, 103.54m2, mezzanine floor office/amenities 92.4m2) Key features: • Large 1970's commercial building • Situated on Te Puke's main retail/commercial street • 66% NBS rating • Long term Tenant (BNZ) currently paying $87,465 per annum plus GST and outgoings plus GST • Final expiry date of 31 January 2029 if all rights exercised. 83 Jellicoe Street, Te Puke is FOR SALE by NEGOTIATION The Western Bay of Plenty has one of New Zealand's fastest growing rural populations). Te Puke is experiencing great growth as a by-product of the growth in Tauranga, Mount Maunganui and strong agricultural results. Te Puke is the heart of New Zealand's prosperous kiwifruit industry. Other industries in this area include Tourism and Horticulture. Regional infrastructure development includes the Tauranga four lane eastern arterial route giving access to Papamoa, Mount Maunganui, Tauranga and Rotorua and the new Rangiuru Business Park and the new Sands retail development in Papmoa which are all close by. Extensive Information Memorandum available - contact the Sole Agent today!
83 Jellicoe Street, Te Puke, Western Bay Of Plenty
Web ID
TGC187780
Floor area
473m2
Land area
1,530m2
price TBC
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