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

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

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

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

The professionalism demonstrated by Alex throughout the sales process was very impressive. We made it clear from the outset that we wanted the sale to be as discreet as possible, and to be conducted as swiftly as possible. Despite the fact that this obviously hindered Alex's advertising options, he was able to arrange two days of back to back inspections, which produced 5 offers at asking price. We then worked with Alex to select the most suitable candidate. Furthermore, Alex worked tirelessly throughout the sales process, ensuring that the due diligence process went as smoothly as possible. We would have no hesitation in recommending Alex to anyone looking for a high level of service and a great result. Thank you Alex!  

- Brenton Brown
Building Manager,
Deepwater Point Apartments