Two Inner-Melbourne Quest Apartment Hotels
Hotel
ActiveHospitality & TourismVictoriaB2C
Asking price
$2,150,000
Disclosed · AUD
Revenue (est.)
~$2,557,600
Estimated · comparable listings of this type and size
Net Profit
$511,520
Implied multiple
4.2×
asking / earnings
Brief
- Two leasehold Quest-branded apartment hotels in East Melbourne, around 900 metres apart
- Prime CBD-fringe position near the MCG, Rod Laver Arena, AAMI Park and Federation Square
- Cross-trained staff provide coverage across both properties
- Scheduled 2026 refurbishment of bathrooms and kitchens at one property
- Recent rent reductions secured at the last market review
- Quiet, peaceful environment despite the central location
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