Address available on request,
Cannon Hill, QLD 4170
Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Floor area
Map
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
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
Additional information
External websites
Property ID: 504214752Last Updated: 24 Nov 2024
04483399...
Address available on request
Cannon Hill, QLD 4170
ResortBrokers - WEST ENDPO BOX 5004
WEST END, QLD 4101
WEST END, QLD 4101
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
230 Cavendish Road,Coorparoo, QLD 4151 1093 m²Development Sites & Land • Hotel, Motel & Leisure
$5,350,000
12 Abbott Street,New Farm, QLD 4005 715 m²Development Sites & Land • Hotel, Motel & Leisure