Excellent financial returns. – Set to turnover $2m+ & net in excess of $1m + for 2020 financial year

Opened in 2013, the Black Rock Inn is Blackwater’s largest and most modern motel & restaurant.

To be sold as a going concern, this 4 star motel offers 72 modern and well appointed guest rooms, a licensed restaurant, cafe, bar, and conference facilities.

It is located in the township of Blackwater in the Central Highlands area of Queensland, 190kms west of Rockhampton in the heart of Queensland’s coal industry which is continuing strong, despite global economic conditions.

With ongoing expansion of mining operations in the area, and companies preferring to outsource accommodation, lucrative long-term contracts are in place for permanent room & meal packages. This represents outstanding revenue potential with occasional mining clients booking out the entire 72 rooms in advance as a camp-style accommodation with meal contracts.

Key Features Recap:

- Built in 2012/13 with a previous build/replacement value of $11,530,000
- Huge depreciation benefits
- $300,000 worth of recent refurbishments
- Freehold land parcel of 6076m²
- Fully staffed operation & systems in place
- 72 rooms (68 Queen Executive rooms + 4 two-bedroom apartments)
- Significant bar, dining and conference areas (279 sqm) w/ licensed restaurant seating 100+
- 2018 Recognition of Excellence – Hotels Combined
- Increasing occupancy consistency over past years
- In the main CBD precinct adjoining McDonalds
- High repeat local & interstate customer base
- Servicing staff from 7+ operating local coal mines
- Many proposed new mines with 10+ year lifespans.

Trends are positive and the property is perfectly positioned to capitalise on the continued expansion of the mining sector.

This is an exciting opportunity to capitalise on the significant growth projected for Central Queensland, with market trends boosting confidence and indicating a steady future.

For further information and inspections please contact Luke Rooney on 0488 898 646