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Turangi

2/134 Grace Road, Turangi, Taupō

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4 Bedrooms
1 Lounges
2 Bathrooms
9 Parking
2.20 ha Land area SQM
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A rare lifestyle and investment opportunity


Set on approximately 2.2 hectares (more or less) of beautifully landscaped grounds, "The Mill House" presents an exceptional opportunity for astute investors or lifestyle buyers seeking to unlock the full potential of a multi-faceted property. Combining elegance, income-generating assets, and development possibilities, this estate invites both a tranquil way of life and a strategic investment approach.

From the moment you pass through the custom electric gates and admire the striking gabion walls and cherry tree-lined, riverstone driveway, the attention to detail and quality craftsmanship is undeniable. But beyond the aesthetics lies significant opportunity.

At the heart of the property sits a refined four-bedroom residence designed for both comfort and style. Heated tiled floors, an expansive open-plan living space with a feature fireplace, and a gourmet kitchen with island and pantry offer everyday luxury. The wrap-around deck and private courtyard - with an outdoor kitchen and open fire - create an entertainer's dream, perfectly suited for premium short-stay accommodation or boutique event hosting.

But it's the additional infrastructure and land that present the real upside for investors:
- 164sqm (more or less) of multi-use storage garages, including two additional rooms, opens doors for commercial storage ventures, trades-based businesses, or conversion into creative studios or office spaces. This is an ideal setup for generating additional rental income or operating a home-based enterprise.
- A generous workshop and additional double garage provide further flexibility for hobbyists, entrepreneurs, or service-oriented trades.
- The 2.2ha (more or less) of large flat grounds offer future development potential - whether it's adding glamping pods, creating high-end storage facilities, or leveraging the property's idyllic setting for retreats or events.
"The Hare & Copper Eatery" a well-established restaurant on-site and currently leased, offers immediate passive income.
With a strong reputation and steady customer base, it represents a secure commercial foothold within the estate.
Strategically located in the heart of the North Island, this property benefits from proximity to world-class fly fishing, mountain biking, and boating, enhancing its appeal to tourists and lifestyle seekers alike.

Whether you're looking to capitalise on its existing income streams, further develop the land, or establish a destination-style business, "The Mill House" is a rare blend of luxury, location, and opportunity.

Seize the potential. Enrich the lifestyle. Grow the value.

For Sale by Negotiation
Maurice Heappey

Maurice Heappey

Residential Sales

Westerman Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Yvette Westerman

Yvette Westerman

Branch Manager

Westerman Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Grounds


Set on 2.2 hectares of flat, low-maintenance grounds, accessed through electric gates features a cherry tree-lined riverstone driveway & elegant gabion fence walling enhancing privacy & tranquility

Garaging


With a double garage, an additional workshop & a new 164sqm multi-use storage garage with two workshop/hobby rooms, this property offers impressive & versatile space for vehicles, boats & storage

Lifestyle


Designed for entertaining and relaxation, the home includes a gourmet kitchen, expansive open-plan living areas, and a private courtyard with a well-appointed outdoor kitchen and open fire

Opportunity


An established, leased restaurant on-site provides a reliable income stream, with the potential for future commercial endeavors or personal use—making this property an ideal blend of home & business

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Property files

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