Major NSW Rural City Apartment Hotel Leasehold
Major NSW Rural City Apartment Hotel Leasehold
Major NSW Rural City Apartment Hotel Leasehold
Major NSW Rural City Apartment Hotel Leasehold
Major NSW Rural City Apartment Hotel Leasehold
Major NSW Rural City Apartment Hotel Leasehold
Major NSW Rural City Apartment Hotel Leasehold
Major NSW Rural City Apartment Hotel Leasehold

Major NSW Rural City Apartment Hotel Leasehold

$1,890,000

The Quest Tamworth business offers the prospective buyer a unique opportunity to become associated with the Quest Brand; one of the most successful franchise systems in Australia. An approved purchaser can acquire the leasehold interest of a 42 key serviced apartments business with one, two, and three bedroom apartments all with fully-equipped kitchens and open plan dining/lounge rooms opening onto a private balcony, and quality bathrooms and laundry facilities. Property facilities include conference room, in-ground pool, covered barbecue area and onsite parking.

Key Features

  • Recently renewed leases with 35 years’ tenure
  • Solid growing business
  • Leading recognised Quest Apartment Hotel franchise with strong brand, training and support
  • Proximity to CBD and key attractions
  • Recently completed major property refurbishment program suggesting scope for tariff review
  • No. 1 on Trip Advisor. Current Score 9
  • New breakfast room opening March 2018 will boost revenue

 NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005152
Property Type: Apartment Hotels
Region: NSW - Tamworth
Suburb: Tamworth
Sale Type: Leasehold
Net Profit: $471,135
Price: $1,890,000

Location

Listing Agent(s)

Agent Feedback

Industry specialisation, a focussed approach and a lot of energy - Ian and his Resort Brokers team are delivering what the market they serve, needs.

- John Smith CEO, HORWATH HTL AUSTRALIA

We have worked with Jim Chapman on two separate business sales for Quest Potts Point (NSW) and more recently Quest Beaumont Kew (VIC).  On both occasions we found both Jim and Resort Brokers extremely attentive & professional.  Jim was able to give us beneficial advice throughout the process and was a great support personally for both the purchaser and ourselves.  We highly recommend Resort Brokers.

- Steve and Liz Galea
Vendors,
Quest Beaumont Kew

First person Jim Chapman brought through the door bought out motel. Without someone with Jim’s knowledge of motels, I don’t think it would have happened so quickly. Jim acted in a professional manner and was able to negotiate a realistic selling price for us. Jim was able to ensure there was an easy transition between us and the new owners.

- Barry & Karren Chappel
Previous Vendors,
Clifton Motel