Turangi 23 Tongariro Road

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For Sale
P.O.A.

Two for One on Riverside

5 2 2

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Prime Location | Strong Investment Appeal
Set in one of Turangi's most desirable locations, 23 Tongariro Road presents a compelling opportunity for astute investors seeking long-term growth, strong rental demand, and lifestyle appeal in a proven market.
The property comprises two separate adjoining buildings—one offering three bedrooms, the other two bedrooms with a large lounges, along with separate toilets and bathrooms—creating excellent flexibility for multi-tenant use, extended family living, or dual-income potential.
Positioned on a generous section, this solid, low-maintenance asset offers immediate income potential with further scope to enhance value. Close proximity to the Tongariro River, town amenities, and year-round outdoor recreation ensures consistent appeal for both long-term tenants and short-stay accommodation.
Investment highlights include:
High-demand central Turangi location
Two adjoining dwellings offering flexible income options
Solid, well-maintained buildings
Practical layouts with comfortable living spaces
Generous section with future potential
Strong appeal for permanent, long-term, or holiday rental
Easy access to shops, schools, river walks, and transport routes
Whether expanding an existing portfolio or securing a strategic investment in a tightly held area, this property represents a smart and timely acquisition.
Opportunities of this calibre and location are rarely available.

Property Information

  • Land area approx 1092sqm
  • Floor area approx 150sqm

Property Features

  • Air Conditioning
  • Garages 2
Century 21 Premier Premier
Licensed under the REAA 2008
10 The Square
Palmerston North 4475