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ID#602603
15 Birch Avenue,
Judea
Tauranga
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New 10-year Ground lease to Gull
- 1,752sqm (more or less) land area
- National tenant Gull New Zealand
- Freehold (Fee simple) Tenure
- Annual net rental income of $237,500 + GST & OPEX
15 Birch Avenue, Judea presents a rare opportunity to secure a high-profile, freehold corner site underpinned by a long-term ground lease to Gull New Zealand Limited, one of the country's most recognised and proven fuel retail brands.
Situated on 1,752sqm (more or less) of Industrial-zoned land with extensive dual street frontage and immediate access to major arterial Waihi Road, the property is strategically positioned for a high-volume unmanned fuel station to service strong commuter flows between Tauranga's western suburbs and the City Centre.
Gull are currently constructing on site a purpose-built, unmanned service station comprising eight bowsers and modern underground storage infrastructure that is due to start trading early March 2026. All improvements will be fully owned, installed and maintained by Gull, offering a passive, low-maintenance investment structure supported by a robust national tenant covenant.
The 10-year initial ground lease, with three seven-year renewals, incorporates two-yearly CPI reviews within a set 2-4% cap and collar, and a commencement rent of $237,500 + GST per annum, delivering both security and fixed rental growth.
With strong locational fundamentals, excellent access, and a future-ready fuel model, 15 Birch Avenue stands out as a lucrative long-term investment asset and a compelling addition to any commercial portfolio!
Contact the Bayleys Sole agents today for more information.
Location
Agents
Lynn Bradley
Bayleys Success Realty Ltd MREINZ Bayleys Tauranga Residential
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
Lynnjoined Bayleys Tauranga Commercial in April 2009 teaming up with her husbandBrendon to focus on Retail and Commercial Leasing and Sales.
TeamBradley which now includes son Ryan have been Bayleys Tauranga’s top Commercialand Industrial Salespersons for the past ten years with the distinction ofbeing recognised as #1 Bayleys New ZealandCommercial and Industrial Sales 2019/2020.
Amajor factor in the accomplishments of Team Bradley has been Lynn’s success inthe Bay of Plenty Leasing Market. With a passion for people and a drive forresults, Team Bradley have consistently topped Bayleys Tauranga and New Zealandfor the number of Commercial deals settled annually. To achieve this in aregional market outside of New Zealand’s major cities is testament to Lynn’smarket knowledge and dedication to achieving outstanding results for herclients.
Lynnis motivated by the challenge to succeed and her pride in the Bayleys brand.She is a trusted advisor and believes strong interpersonal skills are the keyto her success after completing 10 years of Commercial Leasing and Sales.
Lynn along with Brendon and Ryan are supported by their Personal Assistant Miranda Shields.
Victoria Grace
Success Realty Ltd MREINZ
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
With over 17 years experience in the Real Estate industry across many sectors, Victoria has joined the multi award winning Team Bradley at Bayleys Commercial in Tauranga.
She brings an absolute commitment to customer satisfaction and combined with her knowledge of the industry and attention to detail, will work to achieve the best possible outcome for you.
read moreThis property was photographed by
Brodie Geerlings
Media Specialist
Bay of Plenty
ID#602603
15 Birch Avenue,
Judea
Tauranga
Auction
Auction
proudly marketed by