EXCEPTIONAL INVESTMENT - 15 YEAR LEASE

2 Wests Road, Maribyrnong, Victoria 3032

Hotels For Sale

Expressions of Interest. EOI Date 30 May 2019

Quest Apartment Complex

Description

Colliers International and Quinn Reynolds Property are proud to offer for sale Quest, 2 Wests Road, Maribyrnong.

• Modern eight (8) level purpose-built Quest Serviced Apartment complex comprising 78 keys with varying room configuration
• Quest is the largest and fastest growing apartment hotel brand in Australasia, with a presence in over 170 locations
• Excellent facilities including ground floor reception and lobby, business conference room, outdoor barbeque area, gymnasium and 45 basement car parks
• Substantial passing income of $1,486,290* per annum
• Long term lease with an initial term of 15 years with 4 further options of 5 years
• Strategically located 8km from Melbourne’s CBD in one of Melbourne’s fastest growing suburbs
• Immediate proximity to Highpoint Shopping Centre, Melbourne’s second largest shopping centre offering over 500 specialty fashion, homewares and lifestyle stores
• Direct access to public transport including the number 57 and 82 trams as well as multiple bus links
• The ultimate passive investment opportunity

*Approx.

FOR SALE BY INTERNATIONAL EXPRESSIONS OF INTEREST CLOSING THURSDAY 30TH MAY 2019 AT 12.00PM

For further information or to arrange an inspection of the property please contact exclusive selling agents Colliers International and Quinn Reynolds Property.

Colliers International
Daniel Wolman +61 412 957 839

Guy Wells +61 405 612 416

Quinn Reynolds Property
Marcus Quinn +61 439 328 080

Lincoln Reynolds +61 457 930 093

This property is proudly marketed by the Melbourne City Sales team (MCS).

Features

  • NEW QUEST SERVICED APARTMENT COMPLEX
  • IMPRESSIVE PASSIVE INVESTMENT
  • SECURE RENTAL INCREASES
  • AAA TENANCY COVENANT
  • IN MELBOURNE'S FAST EVOLVING INNER NORTH

Map

Open in a new window

Contact Us

Share This Property
For further details, contact:
Close
Saved Properties
Remove All
You have no saved properties. Click the 'save' button associated with a property listing to see it displayed here.