2 Piri Road, Turangi
By Negotiation
4,760m2
594m2
+5
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.
2 Piri Road, Turangi
Web ID
TPC216310
Floor area
594m2
Land area
4,760m2
District rates
$13,442.68 pa
Regional rates
$942.11 pa
LV
$1,390,000
RV
$1,470,000
By Negotiation
View by appointment
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