Ras360 Property Group, Nathan Eades announced the leasehold interest and franchise of Breakfast Creek Quest for sale.
Ras360 Property Group is excited to announce the leasehold interest and franchise sale of Quest at Breakfast Creek, a highly successful apartment hotel nestled in Brisbane. This opportunity beckons investors seeking to capitalize on Australia’s thriving hospitality market.
Quest at Breakfast Creek reported a nett profit of $1,729,337 for the 12 months ending in May 2024, supplemented by an additional nett profit of $31,501 from permanent letting (15 rooms, reduced from 32 previously). Known for its spacious and well-appointed apartment-style accommodations, Quest at Breakfast Creek caters adeptly to both corporate guests and leisure travelers. As part of the esteemed Quest brand, backed by Ascott Hotels, the property enjoys robust brand recognition and comprehensive support.
With an extended lease term secured until 2057, Quest at Breakfast Creek offers investors stability and security. Supported by the esteemed Quest brand, renowned for consistent quality and a strong market presence, the property maintains consistently high occupancy rates and receives comprehensive operational support from Quest Head Office and Ascott Hotels, ensuring sustained profitability and operational excellence within Australia's vibrant hospitality sector.
Quest presents investors with a rare opportunity to acquire a business boasting a proven track record of financial success. With the backing of a nationally recognized franchise and favorable lease terms from a distinguished landlord, Quest at Breakfast Creek stands as an exceptional investment opportunity.
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