Exclusive

Rare Freehold Investment Opportunity – blue chip tenant and security of tenure

ResortBrokers is thrilled to exclusively offer a unique and rare opportunity to acquire the freehold ownership rights of the sole Quest-branded property in Darwin.

The Quest Palmerston, with an annual rental income of just under $1.6 million, presents an exceptional investment opportunity to possess the freehold interest in a highly stable accommodation asset located in Australia's northernmost capital city, which serves as a gateway to both the Top End and Asia.

The property has a top-tier tenant in the form of Quest Apartment Hotels' parent company coupled with over 21 years remaining on the lease, the investor has the benefit of both a strong tenant and security of a long tenure.

Astute investors should be quick to consider this exceptional freehold passive investment.

 

  • Freehold passive investment of Darwin’s only Quest branded property
  • Tenant is Quest parent company - Australia’s leading apartment hotel brand
  • Current rent $1,591,679 with approx. $60k in outgoings 
  • 84 keys from studios to three-bedroom apartments
  • Central Palmerston location, only 20 minutes’ drive to Darwin’s CBD
  • Darwin’s appeal as gateway to the Top End and Australia’s closest capital city to Asia
  • Property inspections by appointment only

 

Kelli Crouch, 312872 RLA

Interested? Why not give Kelli Crouch, 312872 RLA a call on 0410 441 750 or