Brand New Quest 'Greenfield' Site! - Off The Plan Leasehold/Franchise
Brand New Quest 'Greenfield' Site! - Off The Plan Leasehold/Franchise
Brand New Quest 'Greenfield' Site! - Off The Plan Leasehold/Franchise

Brand New Quest 'Greenfield' Site! - Off The Plan Leasehold/Franchise

$2,000,000 + $250K EBI plus GST Exclusive

Rare opportunity to secure the leasehold / franchise interest to a brand-new, high quality, purpose built apartment hotel, strategically located in Cannon Hill close to Southgate Corporation Park

Key Features

  • Dual opportunity to acquire a high quality, corporate driven, short-term accommodation business and to become a part of the Quest brand, one of the most successful franchise systems in Australia  
  • Striking modern design, 4.5 star rated, 5 levels with 2 lifts, opening June 2018
  • 50 apartments, opening to 100 keys – comprising mix of studios, 1 bedroom, 2 bedroom and 3 bedroom
  • Each apartment has a fully equipped kitchen (kitchenettes in studios), bathrooms, separate living and dining areas (except for studios), internet access, Foxtel and quality furniture and fittings
  • Facilities include professional reception area with back office, conference room, kitchen/staff room, store room, linen rooms, guest laundry and gym
  • Ideally located to service Southgate Corporation Park – new $90M business precinct hosting number of blue-chip tenants including Canon, TYCO, Honeywell and Westpac
  • Will generate room night from other business / industrial parks including Murrarie, Colmslie, Portlink and Port Gate.
  • Lease term – 25 years (10 years + 3 X 5 years)
  • Call Alex Cook on 0467 600 610 for more details.

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004959
Property Type: Apartment Hotels
Region: QLD - Brisbane
Suburb: Cannon Hill
Sale Type: Leasehold
Price: $2,000,000 + $250K EBI plus GST

Listing Agent(s)

Agent Feedback

The professionalism demonstrated by Alex throughout the sales process was very impressive. We made it clear from the outset that we wanted the sale to be as discreet as possible, and to be conducted as swiftly as possible. Despite the fact that this obviously hindered Alex's advertising options, he was able to arrange two days of back to back inspections, which produced 5 offers at asking price. We then worked with Alex to select the most suitable candidate. Furthermore, Alex worked tirelessly throughout the sales process, ensuring that the due diligence process went as smoothly as possible. We would have no hesitation in recommending Alex to anyone looking for a high level of service and a great result. Thank you Alex!  

- Brenton Brown
Building Manager,
Deepwater Point Apartments

From the time of engagement, Alex was extremely pro-active in finding the right buyer. At all times, Alex kept me updated during progression of the sale process, acted in a professional manner; sorted out any issues that surfaced during the sale and went above and beyond to ensure all parties were working effectively towards completion. Without Alex's input and assistance I am sure the sale would not have been completed in the professional manner that it was.

- Brad Marquart
Waters Edge on the Broadwater

We have recently concluded the sale of our busy holiday resort, and feel very fortunate indeed that Alex Cook of Resort Brokers was our Agent throughout this process.We started the sale process by meeting with several brokers, all of whom where very experienced and had excellent reputations, however, once we met Alex we knew that we would be in good hands through the inevitable challenges of the sales process.Alex proved to be very hard working, proactive, and resourceful. Importantly, he has excellent relationships with all the key specialists in the Management Rights industry - Accountants, Valuers, Financiers, Finance Brokers and Lawyers. Without exception, all of the specialists we worked with throughout the sale process all held Alex in the highest regard, and there was always a congenial and cooperative attitude from them as we worked through the key steps in the sale. I believe that Alex was able to achieve the best possible outcome.We are grateful for his enthusiasm, his focus and his positive attitude, and would have no reservations whatsoever in highly recommending him to any Resident Letting Agent who is thinking of selling.

- Darren & Judy Ackland
Blue Waters Apartments