2 Piri Road, Turangi

By Negotiation
4,760m2
Land Area
594m2
Floor Area

+6

+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
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Colin MacPhee

Colin MacPhee

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TPC216310

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TPC216310

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.

By Negotiation

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