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Colliers - ADELAIDE

39 Princes Highway Tailem Bend, SA 5260

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39 Princes Highway,
Tailem Bend, SA 5260

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Colliers - ADELAIDE
Alistair Mackie
Rhys Newman
Jordan Schmidt

Colliers - ADELAIDE

Level 9, 121 King William Street
ADELAIDE, SA 5000
Colliers - ADELAIDE
39 Princes Highway
Tailem Bend, SA 5260

Map of 39 Princes Highway

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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 7...
Rhys Newman +61 477 881 2...
Alistair Mackie +61 412 817 9...

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Property ID: 503924986Last Updated: 3 Mar 2022

Colliers - ADELAIDE
Level 9, 121 King William Street
ADELAIDE, SA 5000
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