182-186 Murray Street, TANUNDA SA 5352
Expression of Interest
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- Hotel / Leisure
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- 8 Feb 2017
BAROSSA VALLEY MOTEL INVESTMENT
Colliers International have been favoured to offer for sale 182-186 Murray Street, Tanunda more commonly known as the Barossa Motor Lodge.
The Barossa Motor Lodge is ideally positioned within the world famous ‘Barossa Valley Wine Region’ within the regions largest township of Tanunda, approximately 80 kilometres north of the Adelaide CBD
We note the following key investment features for your consideration;
• High yielding motel investment in renowned Barossa Valley Wine Region
• Five year lease from December 2013 with an additional 4 x 5 year options.
• Current Net Annual income of $180,565.30* tenant to pay all outgoings excluding land tax.
• Town Centre site of 1.315ha* with expansive frontage of 82 metres to Murray Street.
• 3.5 star standard accommodation across 40 individual rooms
• Motel facilities includes reception, outdoor pool, fully licenced restaurant and bar as well as function room.
• The Barossa Valley is home to over 150* wineries and has on average 215k* overnight visitors per year (SA Tourism Commission, 2015)
The Barossa Valley is to Adelaide, what Chianti is to Tuscany, ensuring ongoing tourist demand for accommodation and the property’s inherent land value.
182-186 Murray Street is offered For Sale by way of ‘Expressions of Interest’ closing 4pm CST 2nd of March 2017 at the offices of Colliers International Adelaide (unless sold prior).
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Expression of Interest Details
- Close Date:
- 02/03/2017 00:00:00
- Recipient Name:
- Tom Isaksson
- Delivery Address:
- at the offices of Colliers International Adelaide
182-186 Murray Street TANUNDA