124 Jellicoe Street, known as the Security Building, is a piece of Te Puke history, and this is your chance to own it.
This iconic property was built circa 1920s, with further extensions/builds completed by the late 1990s.
Totalling 1,082sqm (more or less) over two titles this is an opportunity to secure a significant landholding for future development, owner occupiers, or add value investors on Te Puke's busiest road. Returning an annual rental of $70,278.36 + GST (if applicable).
This substantial property benefits from dual access, with pedestrian access via Jellicoe Street, and a service lane to the rear of the building provides access to the sealed yard for tenant parking and storage/deliveries. Parking along Jellicoe Street and Jocelyn Street also offers more than enough car parks for clients/visitors.
Property Features:
- Mixed use property with commercial and residential
- Ground floor leased to globally recognised 'Stihl Shop' franchise
- Prime position on high profile site on Jellicoe Street
- Sizeable landholding opportunity of 1,082sqm (more or less) over two titles
- Total lettable floor area of 660sqm (approx.)
- Potential rental upside with a market review for the commercial tenant due 03/04/2026
- Good connectivity to Tauranga and Rotorua via the Pacific Coast Highway
- High economic growth area within Te Puke - 'The kiwifruit capital of the world'
For more information contact Rory or James today:
Rory Brown: 022 490 1437
James Ross: 027 459 1623
