Rare Freehold Investment Opportunity blue chip tenant and security of tenure | Resort Brokers ID : INV007987
ResortBrokers is thrilled to exclusively offer a unique and rare opportunity to acquire the freehold ownership rights of the sole Quest-branded property in Darwin.
The Quest Palmerston, with an annual rental income of just under $1.6 million, presents an exceptional investment opportunity to possess the freehold interest in a highly stable accommodation asset located in Australia's northernmost capital city, which serves as a gateway to both the Top End and Asia.
The property has a top-tier tenant in the form of Quest Apartment Hotels' parent company coupled with over 21 years remaining on the lease, the investor has the benefit of both a strong tenant and security of a long tenure.
Astute investors should be quick to consider this exceptional freehold passive investment.
- Freehold passive investment of Darwin's only Quest branded property - Tenant is Quest parent company - Australia's leading apartment hotel brand - Current rent $1,591,679 with approx. $60k in outgoings - 84 keys from studios to three-bedroom apartments - Central Palmerston location, only 20 minutes' drive to Darwin's CBD - Darwin's appeal as gateway to the Top End and Australia's closest capital city to Asia - Property inspections by appointment only