Quest Palmerston

Your search results
Property Id : 31912
Price: Expressions of Interest
Land Size: 1,820 m2
Rooms: 84
Year Opened: 2011

HTL Property have been retained as marketing agents in relation to the sale of the freehold investment interest in the Quest Palmerston Serviced Apartment Hotel.

The investment on offer comprises the freehold interest in the 9-level, 84 key Quest Palmerston serviced apartment hotel, which is under a long term lease to Quest (options extending to 2044) and passing Base Rent at September 2021 of $1,467,270 per annum (plus GST).

The hotel, centrally located within the commercial hub of Palmerston City, is generally regarded as the premier accommodation facility in the region and is one of the few nationally branded accommodation facilities. Palmerston is the largest secondary commercial hub in the Northern Territory and one of the fastest growing regions of not only the NT, but Australia.

Palmerston is located at the intersection of major routes for road, rail and air transport, and its economic strength lies heavily in the diversity of industries that reinforce its role as a vibrant regional service centre supported by a thriving retail sector and over 1,581 registered businesses.

The hotel was completed in 2011 and has operated under the Quest brand since that time, establishing a strong reputation and consistent business.

Unlike most hotel offerings throughout Australia, the Quest Palmerston represents a fully leased long-term investment opportunity.

The property is being offered for sale via an Expression of Interest (EOI) campaign closing Thursday 28 October 2021.

Other Features
Car park
Conference and meeting spaces
Gymnasium
click to enable zoom
loading...
We didn't find any results
open map
View Roadmap Satellite Hybrid Terrain My Location Fullscreen

Andrew Jackson

National Director for Accomodation
View Phone Number

Latest Hotels for Sale

Moffat Beach Motel, Sunshine Coast

Expressions of Interest
The Sunshine Coast’s Moffat Beach Motel has been listed for sale, offering the opportunity [more]
The Sunshine Coast’s Moffat Beach Motel has been listed for sale, offering the opportunity to secure a well-located [more]

Sunshine Tower Hotel, Cairns

Expressions of Interest
Sunshine Tower Hotel, for sale by JLL Hotels & Hospitality, is being offered in-one-li [more]
Sunshine Tower Hotel, for sale by JLL Hotels & Hospitality, is being offered in-one-line for the first time sin [more]

Splash Beach Resort and Splash Jungle Water ...

Expressions of Interest
JLL Hotels & Hospitality Group has been retained on a sole and exclusive basis to offe [more]
JLL Hotels & Hospitality Group has been retained on a sole and exclusive basis to offer for sale Splash Beach R [more]

RARE OPPORTUNITY TO ACQUIRE A ONCE IN A GENE...

Expressions of Interest
Colliers have been exclusively retained to offer for sale Rydges Sydney Harbour, located a [more]
Colliers have been exclusively retained to offer for sale Rydges Sydney Harbour, located at 55 George Street in The [more]
  • View Agency and Hotel Broker Profiles

Compare Listings

Andrew Jackson