Business Overview The Opal Ridge Motel is a premier accommodation destination in Collinsville Qld, featuring 28 fully refurbished rooms that offer customised premium furniture and high-end finishes. With an opportunity for expansion, the motel boasts modern amenities including a brand new bar, restaurant and function rooms all equipped with the latest technology and systems to enhance guest experiences. Additional features include a well-appointed gym, inviting pool and a convenient drive-thru food area, making it an ideal choice for travellers seeking comfort and convenience in a vibrant setting. Key features include:- Net profit for FY23/24 of $590,009
- Freehold going concern
- 28 rooms
- Swimming pool, BBQ area, gymnasium, function rooms, restaurant and bar
- Owner residence includes 2 bedrooms, 2 bathrooms, 2 car spaces with office space in front and air-conditioning
Region Collinsville, known for its rich mining history and robust economic landscape, serves as a pivotal hub in Queensland’s resource sector. The town’s economy thrives on coal mining, with significant contributions from nearby industrial activities. Its strategic location amidst natural splendour and economic vitality makes Opal Ridge Motel a prime investment opportunity with promising growth prospects.
|