Brand New Quest 'Greenfield' Site! - Off The Plan Leasehold/Franchise
Brand New Quest 'Greenfield' Site! - Off The Plan Leasehold/Franchise
Brand New Quest 'Greenfield' Site! - Off The Plan Leasehold/Franchise

Brand New Quest 'Greenfield' Site! - Off The Plan Leasehold/Franchise

$2,000,000 + $250K EBI plus GST Exclusive

Rare opportunity to secure the leasehold / franchise interest to a brand-new, high quality, purpose built apartment hotel, strategically located in Cannon Hill close to Southgate Corporation 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  
  • Striking modern design, 4.5 star rated, 5 levels with 2 lifts, opening June 2018
  • 50 apartments, opening to 100 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
  • Facilities include professional reception area with back office, conference room, kitchen/staff room, store room, linen rooms, guest laundry and gym
  • Ideally located to service Southgate Corporation Park – new $90M business precinct hosting number of blue-chip tenants including Canon, TYCO, Honeywell and Westpac
  • Will generate room night from other business / industrial parks including Murrarie, Colmslie, Portlink and Port Gate.
  • Lease term – 25 years (10 years + 3 X 5 years)
  • Call Alex Cook on 0467 600 610 for more details.

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004959
Property Type: Apartment Hotels
Region: QLD - Brisbane
Suburb: Cannon Hill
Sale Type: Leasehold
Price: $2,000,000 + $250K EBI plus 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

From the time of engagement, Alex was extremely pro-active in finding the right buyer. At all times, Alex kept me updated during progression of the sale process, acted in a professional manner; sorted out any issues that surfaced during the sale and went above and beyond to ensure all parties were working effectively towards completion. Without Alex's input and assistance I am sure the sale would not have been completed in the professional manner that it was.

- Brad Marquart
Vendor,
Waters Edge on the Broadwater