21-31 Doon Street, Blackwater, QLD 4717 | Property Value & History | OnTheHouse
OFF MARKET

21-31 Doon Street
Blackwater QLD 4717

Bedrooms: -
Bathrooms: -
Car spaces: 50
Land area: 6076m2
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Property Details for 21-31 Doon St, Blackwater

Building Type
Commercial
Land Size
6076m2
Local Government
Central Highlands Regional
Lot/Plan
1/SP291985

Last Listing description (May 2022)

The Black Rock Inn presents as one of best quality motels in the Central Highlands Region of Queensland. Built in 2013 with no expense spared, this modern motel with licenced restaurant boasts 72 rooms plus manager accommodation, comprising of 68 single bed rooms, 4 two bed rooms and a two-bedroom managers' residence.

The impressive list of features unmatched by any in the region includes:

Twice the room numbers of the average competitor
5 years old with depreciation benefits
Licenced bar & restaurant with al fresco seating 100+
Modern commercial kitchen with 2 x large walk in cold rooms & freezer
On site commercial laundry facilities
Conference facilities seating 100+
Spacious 2-bedroom managers' residence
Secure off-street parking
Permanent construction methods

Based on current average room rates and a modest occupancy rate of only 60%, the accommodation income alone would exceed $2.25mil annually. Added to that, is the additional revenue available from the fully functioning restaurant & bar.

Already a profitable business, the increasing mining industry demand for accommodation in the area, provides a genuine opportunity for leasehold or freehold operators to build the motel turnover into a large scale, high profit growth operation.

Contact Ashley Rees or Warwick Peters for further information or to arrange an inspection.

Property History for 21-31 Doon St, Blackwater, QLD 4717

A timeline of how this property has performed in the market
Last Sold
$3,600,000
05 Jul 2020
  • 05 Jul 2020
    Sold for $3,600,000
  • 25 Aug 2018
    Listed for Sale $5,000,000 NEG.
  • 09 Jul 2018
    Listed for Sale Contact Agent
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About Blackwater 4717

The size of Blackwater is approximately 657.3 square kilometres. It has 15 parks covering nearly 0.3% of total area. The population of Blackwater in 2016 was 4749 people. By 2021 the population was 4702 showing a population decline of 1.0% in the area during that time. The predominant age group in Blackwater is 30-39 years. Households in Blackwater are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Blackwater work in a machinery operators and drivers occupation.In 2021, 33.10% of the homes in Blackwater were owner-occupied compared with 29.70% in 2016.

Blackwater has 2,793 properties. Over the last 5 years, Houses in Blackwater have seen a 84.74% increase in median value, while Units have seen a 52.66% increase. As at 31 December 2025:

  • The median value for Houses in Blackwater is $272,307 while the median value for Units is $331,382.
  • Houses have a median rent of $435 while Units have a median rent of $310.
There are currently 18 properties listed for sale, and 15 properties listed for rent in Blackwater on OnTheHouse. According to Cotality's data, 181 properties were sold in the past 12 months in Blackwater.

Suburb Insights for Blackwater 4717

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.