Quest Chermside - Top Quality Brisbane Leasehold
Quest Chermside - Top Quality Brisbane Leasehold
Quest Chermside - Top Quality Brisbane Leasehold
Quest Chermside - Top Quality Brisbane Leasehold
Quest Chermside - Top Quality Brisbane Leasehold
Quest Chermside - Top Quality Brisbane Leasehold
Quest Chermside - Top Quality Brisbane Leasehold
Quest Chermside - Top Quality Brisbane Leasehold

Quest Chermside - Top Quality Brisbane Leasehold

$1,750,000

A great opportunity to acquire the leasehold interest to a high quality, well-presented serviced apartment hotel, located in one of Brisbane's strongest growth areas.

Key Features

  • Modern, 4.5* rated serviced apartment hotel consisting of 32 apartments (54 keys)
  • Mix of studios, 1 bedroom and 2 bedroom apartments
  • Very well-maintained property – rooms recently recarpeted and repainted.
  • Located just off Gympie Road, directly adjacent to Westfield Chermside
  • Easy access to Brisbane CBD, airports, North Brisbane Sunshine Coast growth corridor.
  • Solid and varied corporate client base – industrial, health, airport, government, projects, corporate HQs.
  • Lengthy tenure – 6.5 + 5 + 5 + 5 + lease – 21.5 years remaining
  • No requirement to live on site or purchase real estate
  • Inspection will impress – call Alex Cook on 0467 600 610 for more information

  

NB: Property inspections are by appointment only 

Key Details

Listing Ref: LH005054
Property Type: Apartment Hotels
Region: QLD - Brisbane
Suburb: Chermside
Sale Type: Leasehold
Net Profit: $419,489
Price: $1,750,000

Location

Listing Agent(s)

Agent Feedback

As a first time purchaser of a leasehold motel, Nathan provided a good balance between working for the vendor and ensuring us as purchasers that we had the right information and support to see the transaction through. Negotiations are never easy and Nathan managed expectations on both sides of the transaction in a professional way that left both sides content with the price outcome. I would have no reservations in recommending or using Nathan or Resort Brokers in the future.

- Scott Campbell
Managing Director,
ISTAPR P/L

My experience in dealing with Alex Cook as the selling agent for Deepwater Point has been nothing short of outstanding. From the quality of marketing material, to the handling of site inspections, to the negotiation skills demonstrated whilst finalising the sale, Alex has proved himself to be an exceptionally professional and knowledgeable agent. I was particularly impressed with the constant and detailed feedback provided to me throughout the process. We felt comfortable from the start to the finish and always knew exactly what was going on, making the whole experience as stress free as possible. Alex also seems to have particularly good relationships with the various industry professionals used during the sales process, again making life a lot easier. I genuinely feel Alex had our best interests at heart at every stage, and would not hesitate in recommending him to anyone looking to buy or sell their Management Rights. Out of interest, I have gone on to purchase another Management Rights through Alex.

- Mark Fuhrmann
Vendor,
ex-Deepwater Point

We contacted Liz Galea after completing the purchase of a motel freehold in country Victoria. We had improved several parts of the motel and we were looking to sell a long lease. After our initial discussion Liz went to work on providing a valuation and we had further discussions. The price advised was substantially higher than our expectations. After commencing marketing we had two inspections. The second inspection went well and we as vendors took the opportunity to sit and talk with these prospective purchasers. We knew that they would be perfect, through Liz, we negotiated an agreeable which exceeded our initial expectations. Liz worked with both parties to keep the deal moving. For us it was about putting the right people in our motel.  Liz made that happen, we are very grateful for a job well done!

- Alan & Brenda Johnson
Vendor,
Mountain View Motel