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The perfect pairingâ Two Quests in prime Brisbane city fringe location | Resort Brokers ID : LH008963
Expressions Of Interest
Hotel hospitality, CHERMSIDE QLD
Offered exclusively through ResortBrokers, the 132-key Quest Chermside portfolio is an unrivalled opportunity for a savvy operator to dominate the apartment hotel market in Brisbanes inner-north.
Offered for purchase in one line or as individual franchises, the 54-key Quest Chermside and 78-key Quest Chermside on Playfield are first-rate accommodation businesses in prime Brisbane city fringe locations only 10 km from the CBD.
These properties are exceptional performers, both exceeding the Brisbane hotel market average as per STR data.
The hotels crossover appeal to both corporate and leisure guests ensures stable income streams and ongoing adaptation as South East Queensland continues to power ahead as one of Australias fastest-developing regions.
Operatorswill have the support of Quest Apartment Hotels corporate office and ongoing training, which have made the Quest business model one of the most successful and dependable franchises in Australia.
Do not miss out on this exceptional opportunity to corner the accommodation market in Brisbanes northern growth corridor.
- 2 x Quest assets offered in one line 132 total keys across Brisbane’s inner-north
- Rare scale, market dominance opportunity
- $2.2 million+ net operating profit
- Occupancy rates exceeding Brisbane benchmarks
- Long-term leases with strong WALE security
- Prime location near Westfield Chermside and BNE airport
- Balanced corporate and leisure demand profile
- Proven resilience and trading performance
- Brand strength of Quest Apartment Hotels
- Inspections by appointment only
Date updated: 28 Oct 2025 10:41:53
More Information
- Total Purchase Price: Expressions Of Interest
- Net Income: $ 2,236,294
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?