Leasehold Hotel for sale

• The "Jewl in the Crown" of the Hobart "Quest" serviced apartment businesses
• Situated beside the famous Hobart Waterfront, close to the action at Constitution Docks and Salamanca Square
• The Quest Waterfront consists of 34 AAA 4 star rated apartments
• A attractive entrance greets the guests and the reception is fully computerized and managed by Room Master Software
• The business has no restaurant to manage or worry about, but a charge back facility is offered to guests at several top Hobart restaurants situated within easy walking distance of the apartments.
• All apartments have a spa bath, Austar TV, broadband internet access and fully stocked mini bar
• Currently run under management, this business would provide the family operator a fantastic return and lifestyle
• Full details of this exciting and profitable Quest business is available by contacting the exclusive agents today.

Due to the owners retirement, a fantastic opportunity has arrived to purchase the leasehold of these "Quest" branded serviced apartments in the heart of the capital city of Tasmania, Hobart.

Each business is situated close to, or in the CBD and each business has its own unique characteristic. Currently run under management, these serviced apartments will also make ideal family businesses.

The Quest brand is one of the most trusted and respected franchises in the industry and is regarded in the industry as one of the most successful and profitable franchises for operators and enjoys an above average occupancy rate.

Your choice of three business locations, close to Constitution Docks and Salamanca Place, in the heart of the retail shopping district or on the edge of the CBD in historic buildings and garden settings, so beloved by visitors to Hobart.

• Strong leases in place from 8 years to 15 years
• Businesses are AAA 3.5 to 4 star rated
• The businesses offer, 31, 34 and 37 serviced apartments, most of which are self contained
• No restaurant to staff and operate. Easy to manage Continental Breakfast only
• Close to all Hobart's main attractions including, Brooke Street Cruise Pier, Tasmanian Museum and Art Gallery, Battery Point, The Domain Tennis Centre, TCA ground, Mount Wellington, the CBD and much more
• On-site owners/managers quarters are provided at two of the businesses
• All receptions and offices of outstanding appearance in keeping with the character of the businesses and with computerized Room Master Management Systems
• Investment summaries available NOW for each of these excellent businesses (Signed Confidentiality Agreements required). PHONE NOW
• SOLD INDIVIDUALLY, BUT WHY STOP AT ONE? These are all fantastic businesses. Inspection will not disappoint!

Net:

$208,796

Turnover:

$1,466,625