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Te Puke

124 Jellicoe Street, Te Puke, Te Puke

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1,082sqm Land area SQM
660sqm Floor area

Iconic 'Security Building' on Jellicoe Street


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

For Sale by Negotiation
James Ross

James Ross

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Rory Brown

Rory Brown

Commercial, Industrial and Development Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Occupancy


Commercial and residential components

Prime frontage


High profile to Jellicoe Street

Passing income


Annual rental of $70,278.36 +GST (if applicable) p.a.

Zoning


Commercially zoned property on main arterial route