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Address available on request Cannon Hill, QLD 4170

Address available on request,
Cannon Hill, QLD 4170

Hotel, Motel & Leisure

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Outstanding Quest Leasehold Opportunity in Booming Brisbane | Resort Brokers ID : LH007508

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

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Property ID: 504214752Last Updated: 4 Jul 2024

04483399...
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Address available on request
Cannon Hill, QLD 4170
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