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

I am not often moved to write to record my appreciation and recognition of outstandingly excellent work and good practice. This is because I have seldom found it.  This is not the case with Alex Cook and Resort Brokers.  The whole experience from the initial appraisal to the signing of the contract and later advice that the purchaser's finance had been approved has been of the highest order.    

- Peter & Marg Fisher SURFERS PARADISE

Both my wife and I are extremely grateful to Alex and the team at Resort Brokers as it’s resulted in a satisfactory outcome and has made the whole process as stress free as the trauma of selling your Management rights can be.

- Peter and Marg Fisher SURFERS PARADISE

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