Commercial
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Prime position in Te Puke

85 and 87 Jellicoe Street, Te Puke

Retail Property
dollar

Negotiation

Floor area
847m2
Land area
1075m2
Title type
Freehold
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Map

Property details

Listing # 2503513 | Listed on 5 October 2023

These two adjoining properties are located in a prominent central position on the sunny side of Jellicoe Street. Each property has a ground floor retail shop with an apartment located on the first floor above them. The two sites occupy the land right from Jellicoe Street through to Queen Street at the rear. The current rental income from the 2 shops and one apartment is $55,000 per annum with one apartment being vacant.
Location of this property will appeal to add value investors, owner occupiers, land bankers and it offers a strong holding income whilst a developer reviews their options.
Contact me today for further information.

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