39 Princes Highway Tailem Bend SA 5260

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