» »
2550ML - Money Maker with 30 year New Lease

BLACKWATER QLD, 4717

For Sale

Property for Sale in BLACKWATER QLD, 4717

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
11321062
Status:
Active
For:
Sale
Price:
Leasehold $1,157,000
Last Updated:
19/01/2020
Icon building

Property Type

Hotel/Leisure
Icon square

Land Area

6076 SQM
Icon size

Floor Area

1 SQM
Icon parking

Parking

N/A

2550ML - Money Maker with 30 year New Lease

Opportunity to cash in and make your mark!

- Built in 2012/13 (Motel operations commenced August 2013)

- 72 rooms (68 Queen Executive rooms + 4 two-bedroom apartments)

- Significant bar, dining and conference areas (279 sqm)

- Convenient distance of seven operating coal mines and a number of proposed new mines, the property is perfectly positioned to capitalize on the continued expansion of the mining sector in addition to very strong agriculture and tourism markets. Onsite restaurant

- 2018 Recognition of Excellence - Hotels Combined

- On 6,076 sqm of land

- Increasing occupancy

- 4 minutes drive Country Golf Club and an easy walk to the local aquatic centre

- Adjoins McDonalds, Red Rooster and other conveniences

- In the main CBD precinct

- High repeat trade

- Heaps of space and options for clients / groups and guests

- Close proximity to: Hospital, shopping centre, library and community facilities, local attractions including Blackdown Tableland National Park, Sapphire Gemfields and the Australian Coal Mining Museum.

- Accommodation only turnover on track for over $1.7M for 2018/19 and increasing with the expected Net to grow considerably. The restaurant and conference areas will contribute additional as well.

- New 30 year lease available.

The business and area is growing and a new mine is just about to open to add to the existing mines that currently service the area. MACA Limited has secured a $700 million ‘life of mine’ contract for the provision of mining services at the Bluff coal project near Blackwater in the Bowen Basin.

The new mine, owned by Carabella Resources, is expected to employ about 140 people, and MACA said it would source the workforce from the local Blackwater area where possible. Contract works commenced September 2018 to December 2028..

Net Profit $419,800 expected

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2550ML (quote when enquiring)

Property Code: 2919

For more details, please email agent

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119


More properties from Tourism Brokers
For Sale
PARKES NSW, 2870

PARKES NSW, 2870

Hotel/Leisure
For Sale
OAKEY QLD, 4401

OAKEY QLD, 4401

Hotel/Leisure
Sold
WENTWORTH NSW, 2648

WENTWORTH NSW, 2648

Hotel/Leisure
For Sale
TENTERFIELD NSW, 2372

TENTERFIELD NSW, ...

Hotel/Leisure
Sold
COWRA NSW, 2794

COWRA NSW, 2794

Hotel/Leisure
For Sale
OAKLEIGH VIC, 3166

OAKLEIGH VIC, 3166

Hotel/Leisure
More properties from Blackwater
For Sale
BLACKWATER QLD, 4717

BLACKWATER QLD, 4717

Hotel/Leisure
For Sale
20 Wilga Street, BLACKWATER QLD, 4717

20 Wilga Street, ...

Industrial/WarehouseShowrooms/Bulky Goods
For Sale
BLACKWATER QLD, 4717

BLACKWATER QLD, 4717

Hotel/Leisure
For Sale
BLACKWATER QLD, 4717

BLACKWATER QLD, 4717

Hotel/Leisure
For Sale
21 Doon Street, BLACKWATER QLD, 4717

21 Doon Street, B...

Hotel/Leisure
Sold
10 Jarrah Street, BLACKWATER QLD, 4717

10 Jarrah Street,...

Land/Development
Loading...