Outstanding Quest Leasehold Opportunity in Booming Brisbane

Quest Cannon Hill offers a unique opportunity to become associated with the Quest Brand, one of the most successful franchise systems in Australia.

Featuring 50 apartments/100 key serviced apartments in a building that is only four years old and a high Net of over $559,685 for the Financial Year 2022, this opportunity is a must to consider.

  • Full franchise support from the Quest team
  • Loyal and hardworking staff in place
  • Current occupancy is 89% YTD
  • 21 years remaining on the lease
  • Near new building with modern facilities
  • Financial Year 2022 Net profit of $559,685
  • Projected Net on current trend in excess of $1,500,000
  • Over $4,650,000 in corporate guest revenue - October MAT more than double the previous year
  • Financial Year 2023 YTD profit to end September is already over $415,000
  • Property inspections are by appointment only
Listing Ref LH007508
Property Type Apartment Hotels
Sale Type Leasehold
State QLD
Region Brisbane
Suburb Cannon Hill
Net Profit $559,685
Price $1,985,000
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