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Opportunity of A Lifetime!

ZRE (Powered by Ownly), (Licensed: REAA 2008)

Listed 29 May

2 Piri Road, Turangi, Taupo, Waikato

Asking price $1,450,000

Bed6+
Bath6+
Land area4760m²
Floor area594m²

Details

6+ bedrooms
6+ bathrooms
Home and income
6+ lounges
3 garage parks
House
Floor Area
594m²
Land area
4760m²
Broadband
ADSL, Fibre, Satellite, VDSL, Wireless
Property interior
Property interior

Opportunity of A Lifetime!

Land and Buildings. Steeped in history and brimming with potential, Tongariro River Motels is a well-regarded accommodation entity located just moments from the world-famous Tongariro River – a legendary trout fishing mecca. Operating as a respected 11-unit motel since the late 1950s, it has earned iconic status both locally in Turangi and within the international angling community. Set on a generous 4,670m² freehold site, the property offers excellent versatility for the next owner. Options include refurbishing and repositioning it as a premium motel complex, converting the units into long-term rentals or short-term holiday accommodation, or exploring a residential land redevelopment opportunity. Flat, river-proximate sections are increasingly rare in the much-sought after river area of Turangi, making this a compelling prospect.

The extensive property features the motel units, a three-bedroom manager’s home with integrated reception, ample garaging, a supply of auxiliary buildings, generous driveways, and attractive landscaping. Its near-unique positioning provides three road frontages, two of which enjoy direct visibility from State Highway One – a significant commercial advantage. It also has three access points from two of these frontages - again, opening it up a bevy of potential concepts for future use. And above all this, it’s within an easy walk to at least six fishing pools along one of the nations most scenic rivers - and yes, it’s all about the trout!

After more than two decades of devoted care by the current owner-operators, the time has come to pass this much-loved property on to new stewards. With a heavy heart, they now invite the right buyer to shape its next chapter.

The Business, if of interest, can also be purchased if so desired.

To know more and to take a private tour, contact Zane on 02165784 or email him at zane@zre.co.nz

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Days on site

2 Piri Road has been viewed 5,660 times since it was first listed on 29 May. There are 114 people keeping an eye on it.

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Local Schools

  • TURANGI KINDY14 Ngawaka PlaceRoll: 22
  • TONGARIRO SCHOOL22 Waipapa RoadRoll: 367
  • PUREREHUA EARLY LEARNING CENTRE22 Waipapa RoadRoll: 30
  • CENTRAL KIDS KINDERGARTENS - TŪRANGI33 Hinerangi StreetRoll: 32
  • TE KŌHANGA REO O MAWAKE2 Mawake PlaceRoll: 14
  • TE KŌHANGA REO O ĀKINA TE REO29 Rota StreetRoll: 17
  • TE KURA O HIRANGI29 Mawake PlaceRoll: 270
  • KURATAU SCHOOL2244 State Highway 41Roll: 91
  • TE KURA O WAITAHANUI107 State Highway 1Roll: 102
  • TE KURA O NGĀPUKE2490 Taumarunui-Ngapuke RoadRoll: 21
  • LAKE TAUPO CHRISTIAN SCHOOL42 Kiddle DriveRoll: 145
  • TKKM O WHAKAREWA I TE REO KI TUWHARETOA56 Waikato StreetRoll: 194

Location info

2 Piri Road, Turangi, Taupo, Waikato

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Zane Cozens

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