A highly visible motel in Takapuna on the North Shore is being offered to the market for sale, and the property is well positioned for a future development given its favourable zoning and sizeable landholding.
Sitting at 28-30 Taharoto Road, the Takapuna Motor Lodge is spread across two freehold titles spanning 3,483sq m. The property is predominantly zoned Business – Mixed Use Zone under the Auckland Unitary Plan with the balance zoned Residential – Mixed Housing Urban.
The site currently features a 22-unit accommodation complex, together with a four-bedroom manager’s residence, generating approximately $425,000 plus GST in annual rental income. Flexible holding income arrangements are available for the purchaser, allowing them to strategically plan their future moves for the property.
The asset benefits from strong exposure on a main arterial route with excellent connectivity to the Northern Motorway. Key commercial hubs Smales Farm, Wairau Valley, and central Takapuna are all nearby, while Auckland’s CBD can be reached in approximately 10 minutes during off-peak driving conditions.
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Colliers Directors Shoneet Chand and Matt Prentice have been exclusively appointed to market the property for sale via deadline private treaty closing at 4pm on Tuesday 11 August, unless sold prior.
The motel comprises a mix of studio, one, two, and three-bedroom units that are complemented by on-site amenities, including a swimming pool and spa area and car parking. Having been originally constructed in the 1970s, the motel was later extended the following decade.
As outlined in the Unitary Plan, the Business – Mixed Use Zone is typically located around key centres and along established transport corridors, providing a transition between residential areas and larger commercial hubs.
It supports a broad mix of residential, commercial, and employment activities, allowing for flexible development outcomes without requiring a fixed mix of uses on individual sites. Development within the zone is generally moderate to high intensity, with building heights typically enabling up to four storeys, subject to location and context.
This zoning supports higher density residential, commercial, or mixed-use development schemes, pending the relevant council approvals.
Chand, Director of Investment Sales at Colliers, says the property offers scale and flexibility for a future development.
“The site has approximately 40m of frontage to Taharoto Road, ensuring excellent exposure to a busy arterial road. The dual zoning and prominent positioning combine to create an appealing development opportunity for buyers seeking a significant landholding for their next major project,” Chand says.
“The holding income that is in place from an established motel business provides a steady rental stream for the new owner as they move to enact their plans and the vendor has indicated they are willing to be flexible regarding the lease on the motel.
“Having the chance to secure a site with this level of potential is incredibly rare in this tightly held location.”
The site is positioned on the western side of Taharoto Road, a key North Shore arterial linking Anzac Street and Fred Thomas Drive with Wairau Road and Forrest Hill Road. This provides a well-connected location within the established Takapuna area.
Prentice, Director of Sales and Leasing at Colliers, says the property is zoned for several highly regarded local schools, including Westlake Boys and Girls High Schools, furthering its appeal for future residential development.
“This strategic asset is within easy reach of a wide range of amenities, with the Takapuna commercial centre just a short distance away, offering retail, dining, and everyday services,” Prentice says.
“Taharoto Park is located directly opposite, while Lake Pupuke and Takapuna Beach are both within walking distance, providing recreational appeal. The location is also well served by strong transport links making this a compelling location to explore future development opportunities.”
- Supplied by Colliers
