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Turangi 2 Piri Road, Turangi

ID TPC216310
By Negotiation

Tongariro River Motel - development potential

A treasured Turangi landmark since the 1960s, the Tongariro River Motel blends heritage charm with modern potential. Set on a generous 4,760m² site, the property offers eleven self-contained units plus a three-bedroom owner's residence - an exceptional combination of character, comfort, and development opportunity.

This is a Freehold Going Concern (Buildings & Business) - currently trading and enjoying a busy Summer Season.

Current motel configuration includes:

•Three Bedroom Owners Unit
•Two well-appointed studio units
•Four spacious one-bedroom units
•Five flexible two-bedroom units


Adding to its unique character, one of the units once operated as the village shop - a nostalgic touch guests love. Every unit comes with the convenience of a covered carport, ideal for extended stays.

Property Highlights:

A Retreat for Anglers - Just moments from the iconic Tongariro River.

Park-Like Grounds - The lush, established gardens create a peaceful, park-like escape.

Unlock the Potential - While the units retain their original charm, there is significant scope to modernise.

Prime Location - Positioned alongside State Highway 1, the motel benefits from outstanding visibility and easy access for travellers to Turangi & the Tongariro National Park.

Development Opportunity - With 4,760m2 of land, 594m2 of existing buildings, and favourable Residential Zone A zoning, the site presents a compelling prospect for developers.
Features
Area | 594.00m2Land | 4760 m2Rates | $13,442.68 paRegional rates | $942.11 paLV | $1,390,000RV | $1,470,000
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Colin MacPhee

M  021 0219 1178  P  

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Colin MacPhee
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