39 Princes Highway

Tailem Bend SA 5260

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› 39 Princes Highway, Tailem Bend SA 5260

Sold on 3 Mar 2022

39 Princes Highway Tailem Bend SA 5260

Hotel, Motel, Pub & Leisure
1,930 m²
Sold

Fully Leased Investment Opportunity

Fully Leased Investment
Close proximity to The Bend
High Exposure Location

Colliers is delighted to present the opportunity to purchase 39 Princes Highway, Tailem Bend.

Better known as Motel Riverbend, 39 Princes Highway represents an outstanding, fully leased commercial investment opportunity just an hour east of Adelaide in the town of Tailem Bend. Home of The Bend Motorsport Park.

The property benefits from the following key attributes:
Recently refurbished
Passing Net Income of $73,992*
Lease recently extended to March 2027
Net Income as at 4 March 2022 of $76,082
1,930 sqm* of land with 3 street frontages
100% leased with options to renew to 2047

*approx.

For sale by EOI closing Thursday 11 November 2021 at 3pm (ACDT).

To arrange an inspection or for more information please contact Colliers as the exclusive selling agents:

Jordan Schmidt +61 403 422 762
Rhys Newman +61 477 881 265
Alistair Mackie +61 412 817 977

Colliers International Adelaide

Level 9, 121 King William Street

Adelaide, SA 5000

Property Highlights

Date Sold	3 Mar 2022
Floor Area	Ask Agent
Land Area	1,930 m²
Parking	Ask Agent
Property ID	2017306959
Category	Hotel, Motel, Pub & Leisure
Last updated	3 Mar 2022

Map for 39 Princes Highway Tailem Bend SA 5260

Colliers International Adelaide

Level 9, 121 King William Street

Adelaide, SA 5000

Property Highlights

Date Sold	3 Mar 2022
Floor Area	Ask Agent
Land Area	1,930 m²
Parking	Ask Agent
Property ID	2017306959
Category	Hotel, Motel, Pub & Leisure
Last updated	3 Mar 2022

Co-Agents

Jordan Schmidt

Colliers International Adelaide

Call

+61403422762

Alistair Mackie

Colliers International Adelaide

Call

+61 412 817 977

Rhys Newman

Colliers International Adelaide

Call

+61 477 881 265

More about 39 Princes Highway Tailem Bend SA 5260

39 Princes Highway Tailem Bend SA 5260 is categorized as Hotel, Motel, Pub & Leisure Property. It has a land area of 1,930 m². The listing ID for this property is 2017306959.

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