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Listed 6 days ago

ID#605636

19 Jellicoe Street,

Te Puke

Tauranga District & Western BOP
Tender

Diversified income with leasing upside

- Split risk across multiple tenancies
- Partial owner-occupier opportunity
- Strong income and value-add potential

This well-located commercial investment at 19 Jellicoe Street, Te Puke offers investors secure holding income combined with genuine value-add potential.

Comprising a two-level commercial building with a net lettable area of approximately 687sqm, the property is configured across four tenancies and positioned prominently at the eastern entrance to Te Puke's commercial precinct.

The property is currently returning $107,303 per annum + GST and outgoings from three established tenants, including Poutiri Trust Wellness, national operator Liquid Laundromat, and Tooth Fairy Dental. One vacant first floor tenancy presents immediate leasing upside, with flexible single or dual tenancy options.

Te Puke is a thriving provincial centre known as the kiwifruit capital of the world, servicing a substantial horticultural and rural catchment and benefiting from strong connectivity to Tauranga, Mount Maunganui, Whakatane and Rotorua.

This is an outstanding opportunity to secure an affordable, diversified commercial investment with future income growth potential.

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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

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This property was photographed by

Brodie Geerlings

Media Specialist

Bay of Plenty

ID#605636

19 Jellicoe Street,

Te Puke

Tauranga District & Western BOP
Tender
proudly marketed by
Brendon, Lynn and Ryan Bradley
Bayleys Commercial Tauranga
Brendon, Lynn and Ryan
021 816 600
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