63A Macloughlin Drive, Te Puke, Western Bay of Plenty

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!

By Negotiation

Welcome to your new home sweet home! This charming three-bedroom, one-bathroom abode nestled on an easy-care site is the perfect canvas for first-time buyers or savvy investors. Situated in a serene neighbourhood, this tidy home offers a cozy living space ideal for creating lasting memories. Step inside to discover a comfortable layout with ample natural light streaming through. The kitchen is equipped for your culinary adventures, while the spacious bedrooms provide a relaxing retreat at the end of the day. Outside, a large garage awaits, offering ample storage space or the potential for a workshop. With its convenient location and low-maintenance yard, this property promises a hassle-free lifestyle. Whether you're starting your homeowner journey or expanding your investment portfolio, this home ticks all the boxes. Don't miss out on the opportunity to make this your own slice of paradise!

$599,000

Dual-Dwelling Property with High Rental Returns and Untapped Potential, a very rare gem indeed. Offering a two-dwelling property perfectly suited for the savvy investors or homeowners seeking exceptional rental income and long-term growth potential. This property offers the perfect blend of current profitability and future possibilities and all in a prime fast growing location. Key Features: • Dwelling One: A spacious 3-bedroom home with an open-plan living area, modern kitchen, and private outdoor entertaining space, garage plus parking and perfect for families or long-term tenants. • Dwelling Two: A tidy self-contained 2-bedroom home with a separate entrance, entertaining and parking. • Both dwellings are currently tenanted with long term quality tenants, generating excellent rental returns with room to increase as the market grows. Minimal improvements to the property could easily achieve even higher yields. Situated in a highly desirable neighbourhood close to schools, shops, public transport, and recreation facilities, this property ensures consistent demand and high occupancy rates. Whether you're looking to expand your portfolio, secure a dual-income home, or invest in a property with renovation potential, this is your chance to capitalize on an opportunity that ticks all the boxes. Don't miss out - contact us today to schedule a private viewing and take the first step toward your next lucrative investment!

Auction