Savills Hotels are pleased to offer to market, Middlemount Hotel Motel, located at 4 Howard Jones Avenue, Middlemount Queensland.
The asset is for sale through Leon Alaban and Joseph Ganim of Savills Australia.
The well-presented establishment is situated on a prime 1.91-hectare* site, located approximately 245km* inland from Mackay and 277km* from Rockhampton.
Middlemount was established in the early 1980s as a purpose-built coal mining town and is an accommodation hub to both permanent and transient workers. The primary economic boost for the township stems from the numerous coal mines in the nearby vicinity and surrounding areas.
Middlemount Hotel Motel’s facilities comprise of a public bar (Keno & TAB) and bistro, gaming room (10 EGMs), function room, beer garden, drive-through bottleshop, 16 motel rooms, and a courtesy bus.
Leon Alaban, Head of Hotels – Savills Hotels Australia said, “Middlemount Hotel Motel stands as the sole pub in the township, the business offers an incoming buyer with a diverse mix of trade on a solid foundation to further improve.”
Joseph Ganim, Senior Executive – Savills Hotels Australia said, “The pub offers strong year-on-year profit growth which can be largely attributed to the high disposable income within the region, this coupled with the local economic developments and mining pipelines suggest that the hotel should continue to benefit over the medium term.”