A modern 72-room motel is in the heart of the Central Highlands coal fields is for sale as either a Freehold Going Concern or with a new lease at terms suitable to the buyer.

Built in 2013, the Black Rock Inn has 72 rooms of various configurations, including 68 executive queen rooms and four two-bedroom apartments built across 17 double story buildings on a large 6076 square metre freehold tile.

The 100-seat open plan restaurant opens onto the bistro deck, while 100-seat conference rooms are located adjacent to the restaurant allowing the motel to be a total package venue providing accommodation, conference facilities, meals and drinks in the one location.

A large fully equipped bar services the bistro and restaurant with a bar mounted front for beer taps, while a modern well-equipped commercial kitchen is the engine room of the restaurant and bistro. 

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Source: Ray White Commercial Toowoomba

Kitchen equipment includes walk in cold room and freezer room, dry store, in line dishwasher, double basket deep fryer, char grill, flat grill, six-burner stove and oven, combi oven, refrigerated display cabinets and all sundries.

A two-bedroom apartment residence is located on the upper floor above the reception and restaurant with living areas with on the ground floor behind reception, making for easy access for managers to move between the residence and reception.

The motel is enjoying rising occupancy levels with a turn over set to exceed $2.6m for 2020 financial year and net profit around 60 per cent of turn over run as an owner operated property.

Selling agent Terry George from Ray White Commercial Toowoomba said The Black Rock Inn would suit a large corporate or syndicate buyer with the ability to operate under management or split and sell a lease.

“The Black Rock Inn will appeal to large corporate or syndicate buyers and experienced moteliers," he said.

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Source: Ray White Commercial Toowoomba

"It provides the opportunity to run under management or split and sell a leasehold interest for the property and retain the investment.

”It’s not often a large freehold property that is less than 10 years old with the ability to split and lease hits the market, especially with a price tag reflecting over 20 per cent return on the last years trading figures.

Mr George said economy of the Central Highlands region of Queensland was moving ahead sharply following a lull of the past five years.

"Industry is ramping up and reopening previously mothballed facilities to increase production," he said.

"This is a very welcoming signal and provides an opportune time for investment”.

For more information about the Black Rock Inn, email or phone Terry George via the details provided below.

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