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ID#605634
15 Birch Avenue,
Judea
Tauranga
Tender
proudly marketed by
Brendon, Lynn and Ryan Bradley
Bayleys Commercial Tauranga
New 10-year Ground lease to Gull
SOLD - 5.56% yield
- 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
Agent
Brendon, Lynn and Ryan Bradley
Bayleys Commercial Tauranga
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
Team Bradley are Bayleys Tauranga’s most awarded Commercial & Industrial Sales Brokers who are trusted and respected realtors with an impressive track record in the Bay of Plenty and Waikato markets over the past twenty years. Brendon also has the distinction of being named Bayleys National Commercial Salesperson for the 2019/2020 year.
Team Bradley family members Brendon, Lynn and Ryan are renown for their strong negotiating and service skills that has included divestment of property forBP Oil, Carter Holt Harvey, Centuria NZ Element IMF, Fonterra, Port of Tauranga,, Sanford NZ, South Waikato District Council. Tauranga City Council and VTNZ.
Success for Team Bradley is attributed to their enthusiasm, dedication, commitment and vast experience which form an important part of the successful sale process in facilitating commercial and industrial transactions. Their total focus is a collaborative approach to provide professional and Innovative solutions to ensure the best client outcomes are achieved.
Team Bradley are supported by their Personal Assistants Violet Honeyfield and Victoria Grace.
Position Statement:
“To consistently achieve outstanding results for our commercial clients”
Career Highlights:
• Bayleys Way National Staff Recognition 2023
• #1 Bayleys New Zealand Commercial & Industrial Salesperson 2019/2020
• Top 5% Bayleys Salespeople New Zealand 2015/2016, 2016/2017, 2017/2018, 2018/2019, 2019/2020, 2020/2021, 2021/2022, 2022/2023, 2023/2024 and 2024/2025
• Top Achievers Bayleys Sales New Zealand 2015/2016, 2016/2017, 2017/2018, 2019/2020, 2020/2021, 2021/2022 and 2022/2023
• High Achievers Bayleys Sales New Zealand 2018/2019, 2023/2024 and 2024/2025
• #1 Bayleys Commercial Deals Settled 2015/2016, 2016/2017, 2017/2018, 2020/2021, 2021/2022, 2022/2023, 2023/2024 and 2024/2025
• #1 Bayleys Tauranga Commercial Sales 2011 to 2025
• #1 Bayleys Tauranga Commercial Sales 2011 to 2025
• #1 Success Realty Limited Most Deals Settled 2019/2020, 2021/2022, 2022/2023, 2023/2024 and 2024/2025
• Top track record with over $500 million of commercial transactions over the past 20 years
Areas of specialty:
Commercial & Industrial Sales & Leasing
This property was photographed by
Brodie Geerlings
Media Specialist
Bay of Plenty
ID#605634
15 Birch Avenue,
Judea
Tauranga
Tender
proudly marketed by
Brendon, Lynn and Ryan Bradley
Bayleys Commercial Tauranga