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Black Rock Inn, Blackwater, Lot 1 on SP291985, 21-31 Doon Street Blackwater, QLD 4717

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Black Rock Inn, Blackwater, Lot 1 on SP291985, 21-31 Doon Street,
Blackwater, QLD 4717

Hotel, Motel & Leisure

Price information

Sold

Range: $925,000 - $1,075,000

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Map of Black Rock Inn, Blackwater, Lot 1 on SP291985, 21-31 Doon Street

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Exclusive Blackwater Leasehold Opportunity

  • Very strong trading concern
  • Excellent construction and maintenance
  • Close proximity to all local attractions
This exceptionally strong trading regional motel complex is new to the market and can be acquired as a Leasehold investment, with an adjusted net return (6 monthly after allowing for rent) of approximately $400,000.

The tenant pays all outgoings.
(Financials: June - December 2019 - Net profit: $800,000)

The complex is located in the township of Blackwater in the Central Highlands area of Queensland, 190km west of Rockhampton, the heart of Queensland’s coal fields.

This 4 star motel offers 72 modern and well appointed guest rooms, a licensed restaurant, café & bar, and conference facilities, within walking distance of all the towns facilities and attractions.

The Black Rock Inn has strong forward bookings and is structurally excellent as the current owners have maintained an up to date maintenance schedule.

Sellers price expectations are well below construction costs of $12,000,000 in 2011.

All information necessary in carrying out due diligence throughout an acquisition will be made available.

Lot 1 on SP291985

Property ID: 503447646Last Updated: 23 Apr 2022

04267235...
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Black Rock Inn, Blackwater, Lot 1 on SP291985, 21-31 Doon Street
Blackwater, QLD 4717
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