Coal-fired power for Opal Ridge boom

by

Coal-fired power for Opal Ridge boom
Image Supplied - Knight Frank

THE Central Queensland town of Collinsville is in the middle of one of Queensland’s most prosperous coal mining areas, and with huge development planned accommodation is at a premium.

The Opal Ridge Motel is a premier accommodation destination in Collinsville, featuring 28 fully refurbished rooms that offer customised premium furniture and high-end finishes. 

It also offers a further 20 accommodation rooms in separate houses.

Image Supplied - Knight Frank
Image Supplied - Knight Frank

Glen Cummins, from Knight Frank, says there are also real opportunities for further expansion to capitalise on all the mining expansion and infrastructure work in the region.

“The Opal Ridge has modern amenities including a brand new bar, restaurant and function rooms all equipped with the latest technology and systems to enhance guest experiences,” Mr Cummins said.

“Additional features include a well-appointed gym, inviting pool and a convenient drive-through food area, making it an ideal choice for travellers seeking comfort and convenience in a vibrant setting.”

There is also a liquor license and restaurant on-site.

Image Supplied - Knight Frank
Image Supplied - Knight Frank

Collinsville is expected to grow further with the development of more mining related projects, and green energy such as solar power is shaping up to be an important job-creating industry in the town. There are also plans for a new connecting road, leading to Proserpine and its airport.

This will enable faster travel between the town and the coastal plain, and will also open up new opportunities for land development and export.

All the workers coming into the area need places to stay.

Collinsville is in the coal-rich Bowen Basin region 87 kilometres south-west of the coastal centre of Bowen and 1245 kilometres north of Brisbane.

Image Supplied - Knight Frank
Image Supplied - Knight Frank

The Bowen Developmental Road passes through the town connecting with Bowen and the Gregory Highway.

The Newlands railway system also passes through Collinsville serving the local mines. 

The Opal Ridge is on sale for $3,495,000.

Mr Cummins said in response to requests from mining company Glencore’s needs for more accommodation and to help the local community, the Opal Ridge had taken leases on local houses in the town and now provide an extra 20 accommodation rooms.

Image Supplied - Knight Frank
Image Supplied - Knight Frank

“There will always be a lot of workers looking for accommodation in Collinsville and the Opal Ridge is a great business,” he said.

The motel’s net profit for FY23/24 was $590,009.

The owner’s air-conditioned residence includes two bedrooms, two bathrooms, and two car spaces with office space in front.

As well as the huge boost provided by the coal industry, Collinsville’s economy also benefits from tourists visiting the historic mining town.

There is a memorial statue to workers at the entrance to the United Mineworkers Club (now known as the Collinsville & Scottsville Workers Club) in Railway Road.

There is also the impressive Coalface Experience Museum, and eight murals around town representing aspects of regional coal mining. 

The entrance to the town has an impressive brass statue of a pit pony and the local pub has been renamed the Pit Pony Tavern. 

Related Content

View the Listing Details Accommodation for Sale Latest Industry News

High Return Leasehold Caravan Park - New 30 Year Lease | Resort Brokers ID : LH009386
Apollo Hotel Newcastle
Unique Beachside Property Package with Exciting Possibilities
Live the Dream Own a Proven Dunedin Motel Business
FREEHOLD MOTEL LOCATED IN HUNTER VALLERY REGION OF NSW - 1546MF
Permanent Management Rights - $181K Body Corp Salary | 24 Years Remaining | No Office Hours
LEASEHOLD - Settlement Motor Inn, Deniliquin NSW - 1P0624
Substantial Caloundra Resort
Surfers Paradise Waterfront Permanent Management Rights Opportunity
THREE INCOME STREAMS. ONE SUBSTANTIAL COASTAL FREEHOLD. | Resort Brokers ID : FH009376
Caretaking-Only MR – Strong BC Salary $97K+ - Inner-City Brisbane | Resort Brokers ID : MRC009378
NOOSA BUSINESS ONLY Management Rights Opportunity – Prime Location 20% + ROI
CARAVAN PARK FREEHOLD PASSIVE INVESTMENT - SECURE INCOME  OPPORTUNITY
RARE NOOSAVILLE BUSINESS-ONLY OPPORTUNITY | GYMPIE TERRACE | Resort Brokers ID : MRB009373
INCREDIBLE VALUE! $413K+ NOP BUSINESS-ONLY PORTFOLIO IN HIGH-DEMAND INNER-NORTH | Resort Brokers ID : MRB009196
Premier Eco-tourism Marine Adventure Opportunity
ALL ABOUT THE LOCATION - 2916MF
THERE’S A FAMILIAR RING TO 'HAVE AND TO HOLD' - 2914MF