57 Raukura Street, Turangi, Taupo

Accommodation oasis with options

• Motel opportunity with lots of options
• Heart of the North Island with huge value-add potential
• Conveniently located close to SH1 and SH41
• Options galore - rejuvenate motel/gated holiday apartments/individual unit sales

Opportunity knocks loudly with this extensive property in the heart of the North Island, offering significant value-add potential for the right buyer. Anglers Paradise Motel presents numerous options for investors or developers looking to take advantage of its prime location and established reputation. Previously operated as a successful motel, this property is ripe for rejuvenation and creative redevelopment.

Featuring a diverse range of accommodation, including studio, one, and two-bedroom units, totalling 15 units, along with a manager's residence, separate office, laundry facilities, and an area once utilised as a restaurant, the property is equipped for multiple operational models. The individual unit titles provide incredible flexibility, enabling buyers to explore various options, such as:

• Rejuvenating the motel: Continue operating it as an accommodation business, taking advantage of the ongoing upgrades, including newly installed air conditioning units, to enhance guest comfort.

• Transforming it into gated holiday apartments: Create a gated community of holiday apartments, attracting both short-term vacationers and long-term residents who wish to own a slice of Turangi's natural beauty.

• Selling individual units: Capitalise on the individual unit titles by selling the apartments separately, potentially catering to those looking for a holiday home in this sought-after destination.

The 5,670sqm (more or less) site offers ample room for further development, whether by expanding accommodation offerings or creating additional amenities for guests. Its strategic location just off SH1 and within easy reach of SH41 positions the property as a key player in Turangi's tourism market, offering year-round appeal due to its proximity to world-class trout fishing, Tongariro National Park, and numerous outdoor adventure activities.

Whether you're looking to revamp the motel, develop holiday apartments, or sell off units individually, Anglers Paradise Motel offers an exceptional investment opportunity in a location that draws tourists and travellers all year round.

The property is to be sold plus GST (if any). Call to discuss this investment opportunity and to request a copy of the full Information Memorandum.