FOR SALE
$6,975,000

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Albion QLD 4010

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Invest in Success with Quest Breakfast Creek! Once in a lifetime opportunity

Ras360 Property Solutions are excited to present the leasehold interest and franchise sale of the highly successful Quest Breakfast Creek. With a stellar reputation and proven financial performance, this opportunity is perfect for astute investors looking to capitalize on a leading apartment hotel brand in Australia.
With a reported nett profit of $1,809,623 for the 12 months ending in May 2024, and an additional nett profit of $31,501 derived from permanent letting (15 rooms, reduced from 32 a year ago), totalling $1,841,124, this opportunity is financially compelling. This report has been prepared for the purposes of the sale by Holmans, a leading accommodation industry accountancy, in conjunction with the audited financials used within the Quest network.
Quest Breakfast Creek exemplifies the success of the Quest franchise model, offering spacious and well-appointed apartment-style rooms that cater to the needs of their target market being corporate guests and this property benefits from considerable leisure travellers alike. As Australia's leading apartment hotel brand, Quest is backed by Ascott Hotels, ensuring robust support and an extensive network.
- Extra Long Lease Term: Secure your investment with the peace of mind provided by an extended lease (expires in 2057), negotiated with an extremely supportive landlord.
- Strong Brand Association: Benefit from being part of Quest, the premier apartment hotel brand in Australia, renowned for its quality and consistency.
- High Occupancy Rates: Enjoy consistent high occupancy rates due to the strategic location and exceptional service offered by Quest Breakfast Creek.
This is an exceptional chance to acquire a thriving business with a solid financial track record and the backing of a proven brand. The combination of a strong reported nett profit, national franchise brand and support, and a favourable lease term supported by a world class landlord makes this an unmissable investment opportunity.
For more information or to arrange a confidential discussion, please contact Nathan Eades of Ras 360° Property Solutions. Nathan, one of the most experienced brokers in selling Quest properties in Australia, can expertly guide you through the process of becoming a Quest franchisee.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Property Details for Contact Agent For Address, Albion

Building Type
Commercial

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About Albion 4010

The size of Albion is approximately 1.4 square kilometres. It has 6 parks covering nearly 22.1% of total area. The population of Albion in 2011 was 1,986 people. By 2016 the population was 2,290 showing a population growth of 15.3% in the area during that time. The predominant age group in Albion is 20-29 years. Households in Albion are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion work in a professional occupation. In 2011, 47.4% of the homes in Albion were owner-occupied compared with 37.5% in 2016.

Albion has 2,437 properties. Over the last 5 years, Houses in Albion have seen a 53.15% increase in median value, while Units have seen a 69.78% increase. As at 31 October 2024:

  • The median value for Houses in Albion is $1,277,626 while the median value for Units is $690,026.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 22 properties listed for sale, and 12 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Albion.

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Nathan Eades
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Malcolm O'Farrell
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RAAS Property Group
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