Skip to main content
Cannon Hill QLD 4170
Sold on 1 Mar 2023

Cannon Hill QLD 4170

  • Hotel, Motel, Pub & Leisure
  • Sold

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

ResortBrokers®
ResortBrokers®
362 Montague Rd
West End, QLD 4101

Property Highlights

Date Sold1 Mar 2023
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018233256
Category
Last updated  11 Mar 2023
Map for Cannon Hill QLD 4170
nbn® Fibre to the Premises (FTTP) is available in this property
Max wholesale speed tier available: nbn® Fibre to the Premises
ResortBrokers®
ResortBrokers®
362 Montague Rd
West End, QLD 4101

Property Highlights

Date Sold1 Mar 2023
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018233256
Category
Last updated  11 Mar 2023

Listed by

ResortBrokers®
Call
1300 665966

More about Cannon Hill QLD 4170

Cannon Hill QLD 4170 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2018233256.

More Hotel, Motel, Pub & Leisure properties for Sale in Cannon Hill QLD 4170

Sold
tingalpa, QLD 4173
Hotel, Motel, Pub & Leisure