CBRE Hotels is pleased to exclusively present the Opal Ridge Motel - a freehold investment opportunity offering defensive income in Queenslands Western Whitsundays. Investment Highlights- High-quality 4-star regional motel comprising 28 premium guest rooms supported by licensed food and beverage facilities, a private dining room, function and conference spaces, swimming pool, gymnasium and on-site parking, on a substantial 6,070sqm landholding- Secure net income of $240,000 p.a. + GST under a long-term, CPI-linked lease, delivering durable income, inflation protection and minimal ownership involvement- Strategically located in Collinsville within the Bowen Basin energy hub, benefiting from mining, renewables, grid infrastructure and agriculture, and strong connectivity to Bowen, Mackay and Townsville, supporting diversified accommodation demand- True passive freehold investment with the tenant responsible for all outgoings, repairs, maintenance and operational costs- Circa $3 million invested between 20172020, enhancing asset quality and limiting near-term capital expenditure requirementsFor more detailed information regarding the property or to organise an inspection, please contact the exclusive agents.
The size of Collinsville is approximately 27.8 square kilometres. There are 6 parks, covering nearly 2.2% of the total area. The population of Collinsville in 2016 was 1248 people. By 2021 the population was 1496 showing a population growth of 19.9% in the area during that time. The predominant age group in Collinsville is 50-59 years. Households in Collinsville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Collinsville work in a machinery operators and drivers occupation.In 2021, 59.50% of the homes in Collinsville were owner-occupied compared with 67.90% in 2016.
Collinsville has 1,222 properties. Over the last 5 years, Houses in Collinsville have seen a 150.84% increase in median value, while Units have seen a 881.79% increase. As at 31 August 2026:
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