Lot 110 Stanley Street , Tailem Bend
$599,500- Bedrooms:
- Bathrooms:
- Car Spaces: 0
- Property type: Land
- Land size: 9 Hectares
- Listing type: For Sale
23.54 acres of Residential Land ready for Development - 5 minutes drive to 'The South Australian Motorsport Park' and Iconic Murray River.
With an influx of tourism anticipated for the Tailem Bend Township following the completion of the South Australian Motorsport Park in 2017, this significant parcel of land presents unlimited opportunities for the astute entrepreneur or developer.
No longer notable for the plethora of Aqua Sports associated with the Murray River, Tailem bend is set to come alive all year round to the buzz of car racing enthusiasts.
With the Motor park expecting to employ over 1500 full-time workers upon its completion and thousands of visiting motor sport fans from across the country, this residential land is appealing for residential development or tourist accommodation (Subject to Council Consents).
Previously drafted plans for residential development of some 72 allotments have been made available by the current owner.
Also available is 10.65 hectares of residential land at Lot 2 High Street Tailem Bend . See Google aerial view on line.
Construction of the new state-of-the-art South Australia Motorsport Park circuit at Tailem Bend has begun.
Led by South Australian businessman Sam Shahin, plans have been finalised to build a 7.2km circuit featuring several layouts, which is intended to open in 2017.
The circuit will become Australia's newest purpose built venue since Queensland Raceway opened in 1999.
SA Motorsport has already staked a claim to host a V8 Supercars event alongside Adelaide's Clipsal 500, while it has also targeted a possible MotoGP race.
The Federation Internationale de Motocyclisme's chief safety officer, Franco Uncini, visited the site last month to perform an initial inspection.
SA Motorsport Park's newly appointed general manager of commercial operations, Damien White, says it's a momentous occasion to see work begin on constructing the new venue this week.
"I've only been on board for a little over a month, yet I already feel a huge sense of pride to be a part of this development," said White.
"Every day I come in to the office is a thrill. There is a huge amount of work ahead of us, but the place is buzzing with excitement.
"The fact this project has now turned dirt is a testament to the hard working team behind the scenes who, for years, have been doing the hard yards.
"Literally, the hours that have gone into planning and design is immeasurable.
"This initial work is a small glimpse into what will become a mega construction site over the next month or two.
"It won't be until we're in full swing that people will get a try understanding of the scale of this project."
(Source : Speedcafe.com)
