Nick Lower, National Director, Hotels at Savills Australia and New Zealand, highlighted the unique opportunity presented by this sale saying, “This is a rare chance to secure a prime hotel asset for sale in Springfield’s commercial precinct.
An opportunity to acquire a premier investment opportunity in one of Queensland’s fastest-growing regional centres has been offered to market with the Quest Springfield Central being listed for sale on behalf of Brabham (QS) Pty Ltd.
Situated at 4 Wellness Way, Springfield Central, this landmark property is nestled within a thriving business, health, and education precinct, offering investors a secure, long-term income stream underpinned by the globally recognised Quest Hotels brand.
Completed in 2018, the modern 4-star apartment hotel comprises 82 high-quality keys and three additional tenancies, spanning a substantial 2,795sqm site. The asset benefits from three long-term leases, ensuring reliable and predictable revenue streams.
Nick Lower, National Director, Hotels at Savills Australia and New Zealand, highlighted the unique opportunity presented by this sale saying, “This is a rare chance to secure a prime hotel asset in Springfield’s commercial precinct. The strength of the Quest brand, coupled with long-term lease security, makes this a highly compelling investment proposition.”
Discussing Springfield Central’s ongoing expansion and resilience, Max Cooper, Director, Hotels at Savills Australia and New Zealand said, “Springfield Central has established itself as a key hub for business, education, and healthcare, driving consistent demand for quality accommodation. This offering provides investors with an opportunity to capitalise on Springfield’s ongoing growth while benefiting from a reliable, long-term income stream.”
Quest Springfield Central is ideally positioned within Springfield’s commercial precinct, at the heart of the burgeoning Health City district—the region’s designated hub for health and wellness. The hotel is part of a vibrant complex housing a range of medical services, located directly opposite the Mater Private Hospital and adjacent to the soon-to-be-completed 174-bed public hospital.
Springfield’s economic and infrastructure growth continues to drive demand for high-quality accommodation. In addition to the health sector’s expansion, the area is experiencing significant investment in sporting infrastructure, including the new Brisbane Lions AFL sports centre and state-of-the-art club facilities.
Anchored by the trusted Quest Hotel brand, Quest Springfield Central provides investors with a secure, long-term revenue stream supported by three robust leases. This well-established franchise model ensures strong financial stability, with the operator committed to the ongoing success of the business.
With Springfield positioned as a key growth corridor and demand for accommodation set to rise, particularly within the healthcare and sporting sectors, this asset presents a future-proofed investment opportunity.
Quest Springfield Central is being offered for sale via an Expressions of Interest campaign, closing on Friday, 14 March at 2:00 PM (AEDT) with offers expected from $30 million.
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