Leasehold Central Australian Apartment Hotel
Leasehold Central Australian Apartment Hotel
Leasehold Central Australian Apartment Hotel
Leasehold Central Australian Apartment Hotel
Leasehold Central Australian Apartment Hotel
Leasehold Central Australian Apartment Hotel
Leasehold Central Australian Apartment Hotel

Leasehold Central Australian Apartment Hotel

$1,400,000Sold

Resort Brokers are pleased to offer the Leasehold Interest of Quest Apartment Hotels in Alice Springs. The property offers 68 fully furnished apartments with facilities including expansive reception, conference room, in ground salt water pool and secure onsite parking. With consistent occupancy levels above 70% Quest Alice Springs has an excellent mix of Corporate, Tourist and family clientele. The business would appeal to a hands on operator to maximize income, occupancy and profitability.

Key Features

  • 68 x 4 Star apartments including studio suites, one and two bedroom apartments. Each apartment is comfortably furnished and offering spacious living for short and long term stays.    
  • The complex provides a conference/meeting room, In ground pool, BBQ, guest laundry and onsite car parking.
  • Quest Apartment Hotels Group - substantial support systems.
  • Purpose built facility constructed in 2008.   
  • Beautifully appointed and furnished freeholder refurbishment in early 2015     
  • Enjoying continued growth in Profitability, Occupancy, Revenue and Room Rate.  
  • Provides 24 hour reception.     

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH003934
Property Type: Apartment Hotels
Region: NT - South
Suburb: Alice Springs
Sale Type: Leasehold
Net Profit: $421,590
Price: $1,400,000

Location

Listing Agent(s)

Agent Feedback

I have known Jim Chapman for well over 10 years as we have been heavily involved in the tourism sector throughout the East Coast of Australia, however we had never actually had a business transaction take place simply because of one reason or another, so it was with great pleasure when we were finally able to team up together to sell our Quest Apartment business in Echuca. The sale was handled with the highest level of professionalism and just as importantly the sale process was very straight forward and streamlined, we were able to complete a sale that met with our expectations, not only in terms of the sale price but also with regard to the marketing and the sales process time frame that we had advised Jim we wanted.I would have no hesitation in recommending Jim Chapman if you are considering selling your business.

- David Broughton
Franchisee Owner,
Quest Echuca

First person Jim Chapman brought through the door bought out motel. Without someone with Jim’s knowledge of motels, I don’t think it would have happened so quickly. Jim acted in a professional manner and was able to negotiate a realistic selling price for us. Jim was able to ensure there was an easy transition between us and the new owners.

- Barry & Karren Chappel
Previous Vendors,
Clifton Motel

We have worked with Jim Chapman on two separate business sales for Quest Potts Point (NSW) and more recently Quest Beaumont Kew (VIC).  On both occasions we found both Jim and Resort Brokers extremely attentive & professional.  Jim was able to give us beneficial advice throughout the process and was a great support personally for both the purchaser and ourselves.  We highly recommend Resort Brokers.

- Steve and Liz Galea
Vendors,
Quest Beaumont Kew