Quest Albury – Freehold Investment

HTL Property is pleased to offer for sale Quest Albury, a freehold investment asset with three leases anchored by an experienced Quest Lessee with options out to 2048. Two retail tenants, 2640 Restaurant and Bar and Endota luxury wellness spa, complete a formidable investment opportunity.

• Fully leased investment; secured by leases to proven operators with built-in revenue growth.
• Headlined by a current Quest lease income currently paying $2,250,807 p.a. lease with 4% annual reviews and options out to 2048.
• Quest is the leading serviced apartment hotel operator in the Asia Pacific region.
• Net Income of $2,269,473.23 for the 2025 Financial Year, forecast to be $2.76 million by 2030.
• All tenants pay a portion of outgoings.
• Top accommodation choice in Albury.
• Central Albury CBD position.
• 4 star standard with quality guest facilities.
• Large freehold landholding of 3,079m2 underpins long-term value.
• On-site parking with EV charging stations.
• All suites refurbished last year – over $2m spent on new carpets and full renovation of bathrooms.
• Potential to strata title the accommodation for future sell-down.

Closing

17 July, 2025 at 4PM