Brisbane's Best Leasehold Opportunity - Join The Proven Quest Network | Resort Brokers ID : LH008185
$3,200,000
Hotel hospitality, Woolloongabba QLD
Nestled in the distinguished Quest Apartment Hotels network, Australias leading brand in apartment accommodation and a division of The Ascott Limited, the globe's largest serviced apartment network, Quest Woolloongabba offers an exceptional chance to acquire the leasehold of a premium accommodation asset primed to leverage Brisbane's significant development and theinflux of visitors anticipated for the 2032 Olympics.
Comprising 132 serviced apartment-style rooms, the apartment hotel features a diverse selection of room layouts, ranging from studios to spacious three-bedroom apartments. Extra facilities include ample on-site parking, conference facilities,a rooftop deck, and a gym.
Located near the Brisbane CBD and major hospitals, Quest Woolloongabba, caters to a diverse corporate customer base and with a 20-year lease in place, making this a long-term investment with substantial upside.
- 132 key serviced apartments in diverse configurations,from studio to three-bedroom units
- Generous onsite parking facilities
- Equipped with conference rooms and facilities for business needs
- Features a roof-top deck and gym for leisure and fitness
- Located in a city with major plans for the 2032 Olympics
- Proximityto the bustling Brisbane CBD, The Gabba and major private hospitals
- Caters to a diverse corporate customer base
- An opportunity ripe with potential for business growth
- Property inspections are by appointment
Date updated: 26 Apr 2024 23:00:02
More Information
- Total Purchase Price: $3,200,000
- Net Income: $ 716,116
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This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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This is the body corporate caretaker salary. It is included in the Net Income above.
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The value of on-title property included with the business. Its price is included in the Total Purchase Price.
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