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

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

$1,800,000 + $225k (EBI) + GSTSold

Rare opportunity to secure the leasehold / franchise interest to a high quality, purpose built apartment hotel located in Brisbane's leading business 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
  • 4.5 star, 3 levels with 2 lifts, opening October 2017
  • 51 apartments, opening to 90 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
  • Located in Brisbane’s premier business park - Brisbane Technology Park – in Eight Mile Plains
  • Home to over 150 national and multinational companies + $300M expansion of business park planned in next 5 years
  • Lease term - 30 years (15 years + 3 x 5 years)
  • Price: $1,800,000 plus $225,000 (EBI) + GST

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004546
Property Type: Apartment Hotels
Region: QLD - Brisbane
Suburb: Eight Mile Plains
Sale Type: Leasehold
Price: $1,800,000 + $225k (EBI) + GST

Listing Agent(s)

Agent Feedback

Thank you Alex for the superlative effort you put in on our behalf to sell our management rights business.  We're sure that you'll agree that it wasn't without challenge from both parties but your tireless positive attitude and willingness to listen and facilitate, were key factors in the success of the process.

- Peter and Kim Holthouse WINDSURFER RESORT

Alex had our business sold within a week for the asking price. Also he had a back up offer for the same price, his professionalism and work ethics are second to none.

- Laraine & Col Fields
Previous vendors,
Emerald Village Apartments

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