Outstanding Quest Leasehold Opportunity in Booming Brisbane

Quest Cannon Hill offers a unique opportunity to become associated with the Quest Brand, one of the most successful franchise systems in Australia.

Featuring 50 apartments/100 key serviced apartments in a building that is only four years old and a high Net of over $559,685 for the Financial Year 2022, this opportunity is a must to consider.

Full franchise support from the Quest team
Loyal and hardworking staff in place
Current occupancy is 89% YTD
21 years remaining on the lease
Near new building with modern facilities
Financial Year 2022 Net profit of $559,685
Projected Net on current trend in excess of $1,500,000
Over $4,650,000 in corporate guest revenue - October MAT more than double the previous year
Financial Year 2023 YTD profit to end September is already over $415,000
Property inspections are by appointment only

Listing Ref	LH007508
Property Type	Apartment Hotels
Sale Type	Leasehold
State	QLD
Region	Brisbane
Suburb	Cannon Hill

Net Profit	$559,685
Price	$1,985,000