Now on the market under clear instruction, this prime opportunity at 60 Percival Street, Rangiora — the former Lilybrook Motel — presents significant potential for both investors and developers alike. Positioned on an 1,800 sqm (approx.) level, near-regular shaped site, the property is being offered on an “As Is, Where Is” basis.
Configured with a solid mix of 14 motel units, the existing improvements offer generous floor plates and flexible layout options, ideal for renovation and repositioning. Alternatively, the property’s high-density zoning makes it a standout option for redevelopment, capitalising on the area’s strong growth and evolving urban landscape.
For more information or to arrange a viewing, contact Mike Lough, the sole agent.
Don’t miss your chance to secure a rare value-add or development opportunity in the heart of Rangiora.
The property is offered for sale by Auction, 10am Thursday 16 October, 2025 (unless sold prior).
*Boundary lines are indicative only.
Features:
- AIWI Add value opportunity
- Renovate or develop
- Vacant possession
- Insured 14 unit motel + garaging
- 1 of only 3 motels in Rangiora
- 1,800 sqm of land (High Density Zone)
- Excellent local amenities
- Potential for multi-unit development
- Level contour on near regular shaped site
- Rangiora experiencing strong growth
More information: https://www.colliers.co.nz/p-NZL67035393
