Premium Quest Franchise in Melbourne's Northern Growth Corridor | Resort Brokers ID : LH009304
Hotel Hospitality for Sale in Bundoora, VIC — $7,950,000
Key facts
- Price
- $7,950,000
- Location
- Bundoora, VIC 3083
- Type
- Hotel Hospitality
- Listed by
- Resort Brokers
- Listing ID
- 21189571
- Last updated
- 2026-11-01
Description
Presenting as an exceptional opportunity for a new owner to acquire a business with equal amounts of stability and opportunity - Quest Bundoora is one of Melbourne's highest-performing serviced apartment businesses, combining proven financial performance, long-term security and genuine growth potential<br />
<br />
Backed by Australia's leading serviced apartment brand, the business has built an outstanding reputation through exceptional guest service, strong corporate relationships and consistent trading performance. A secure long-term lease, recent FF&E upgrades and established customer base provide the foundations for immediate returns, while the property's unique accommodation mix and expanding catchment create exciting upside for the future.<br />
<br />
A unique offering of townhouse accommodation further differentiates the business from its competitors, providing an opportunity to expand inventory and capitalise on growing demand from the long-stay corporate and insurance accommodation sectors.<br />
<br />
Located within one of Melbourne's fastest-growing population and employment corridors, Quest Bundoora is ideally positioned to benefit from significant public and private investment, ensuring continued demand well into the future.<br />
<br />
<br />
<br />
- Prime Melbourne northern suburbs location with immediate access to the M80 Ring Road;<br />
- Walking distance to University Hill's retail, dining and commercial precinct;<br />
- Unique townhouse accommodation with future expansion potential;<br />
- Strong repeat corporate clientele delivering consistent occupancy and room rate growth;<br />
- FF&E refurbishment completed in 2023 with ongoing capital improvements; and<br />
- 79 keys comprising a mix of studio, 1, 2 and 3 bedroom apartments and townhouses;<br />
- Secure lease with 31 years remaining (including options)<br />
- Inspections by appointment only<br />
Date updated: 01 Nov 2026 23:00:07
<br />
Backed by Australia's leading serviced apartment brand, the business has built an outstanding reputation through exceptional guest service, strong corporate relationships and consistent trading performance. A secure long-term lease, recent FF&E upgrades and established customer base provide the foundations for immediate returns, while the property's unique accommodation mix and expanding catchment create exciting upside for the future.<br />
<br />
A unique offering of townhouse accommodation further differentiates the business from its competitors, providing an opportunity to expand inventory and capitalise on growing demand from the long-stay corporate and insurance accommodation sectors.<br />
<br />
Located within one of Melbourne's fastest-growing population and employment corridors, Quest Bundoora is ideally positioned to benefit from significant public and private investment, ensuring continued demand well into the future.<br />
<br />
<br />
<br />
- Prime Melbourne northern suburbs location with immediate access to the M80 Ring Road;<br />
- Walking distance to University Hill's retail, dining and commercial precinct;<br />
- Unique townhouse accommodation with future expansion potential;<br />
- Strong repeat corporate clientele delivering consistent occupancy and room rate growth;<br />
- FF&E refurbishment completed in 2023 with ongoing capital improvements; and<br />
- 79 keys comprising a mix of studio, 1, 2 and 3 bedroom apartments and townhouses;<br />
- Secure lease with 31 years remaining (including options)<br />
- Inspections by appointment only<br />
Date updated: 01 Nov 2026 23:00:07