39 Princes Highway,
Tailem Bend, SA 5260
Hotel, Motel & Leisure
Key property information
Land area
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Colliers - ADELAIDE
Level 9, 121 King William StreetADELAIDE, SA 5000
39 Princes Highway
Tailem Bend, SA 5260
Map of 39 Princes Highway
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...
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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Tailem Bend, 5260 demographic data
The median household income for Tailem Bend is $905, 24% lower than Regional South Australia's household income of $1,190. Tailem Bend has an older age profile compared to the rest of Regional South Australia (median age 49 vs 47). Property ownership data shows 43% of property owners in Tailem Bend have a mortgage.
1,705
Population
$905 per week
Median household income
49 years
Median age
Owners
Most residents
Families
Most households
Colliers - ADELAIDELevel 9, 121 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000