Riverside Hotel Motel, Tailem Bend – Lease

This is a substantial hotel well located overlooking the mighty River Murray and on National Highway 1 (Princess Highway) at Tailem Bend 100km south east of Adelaide on the main highway to Melbourne.

Tailem Bend is a rapidly growing town hosting many businesses and industries including the new world standard motorsport park.

The hotel is a substantial property comprising of good front bar with TAB and Keno accompanied by a large covered beer garden area. Large dining rooms with magnificent views over the river Murray, a good gaming room where the tenant owns 12 of the 20 entitlements, and public accommodation of 6 motel and 4 hotel rooms. 2 courtesy buses service the local and surrounding area. The managers house beside the hotel is included.

Complete with excellent trading figures this hotel is a sound business now with excellent growth potential. It would suit management or owner operators.

Asking price $895,000 + stock