4.5* Off-The-Plan Serviced Apartment Business
4.5* Off-The-Plan Serviced Apartment Business

4.5* Off-The-Plan Serviced Apartment Business

$1,640,000 - EBI $195K + GST

Fantastic opportunity to purchase the leasehold / franchise interest to the brand new Quest Springfield, opening in May 2018

Key Features

  • The latest franchise offering from Quest Apartment Hotels, Australia’s largest and fastest growing serviced apartment operator with over 150 properties located across Australasia
  • Extensive training and support provided through Quest’s business format franchise system, developed over 25 years in the industry
  • Total of 57 apartments, 82 keys – providing a flexible mix of studios, 1 bedroom and 2 bedroom apartments.
  • Initial 15 year lease with 2 further 5 year options.
  • High quality, stylish, 7 story building with two passenger lifts - ground floor reception facilities including 2 office spaces
  • Conference facility with kitchen and external breakout area, guest laundry facility, staff kitchen, gym, lobby, 54 car spaces
  • Located 500M from Mater Hospital and 1km from University of South Queensland
  • Price excludes EBI (essential business items)
  • Call Alex Cook on 0467 600 610 for more details.

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004690
Property Type: Apartment Hotels
Region: QLD - Brisbane
Suburb: Springfield
Sale Type: Leasehold
Price: $1,640,000 - EBI $195K + GST

Listing Agent(s)

Agent Feedback

Alex is a very professional and effective Management Rights Broker and we would highly recommend him to any managers wishing to sell their Management Rights and prospective managers wishing to purchase Management rights.

- Allan & Margaret Ott
Vendor,
Management Rights

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

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