East Melbourne, Victoria

DOUBLE THE OPPORTUNITY - 2 INNER-MELBOURNE QUESTS, A STONE’S THROW FROM THE MCG | Resort Brokers ID : LH009012

Under Contract / Offer

Business Description

An exceptional chance to secure two solidly performing Quest apartment hotels in one of Melbourne’s most sought-after city-fringe locations, just steps from the MCG and the wider Sports and Entertainment Precinct.

The 20-key Quest Jolimont and 40-key Quest East Melbourne are just 900 metres apart along Wellington Parade, benefiting from consistent demand driven by major sporting events, nearby hospitals such as Epworth Richmond and the broader CBD market. Together, the 60-key portfolio offers operational scale, streamlined management, and the efficiency of cross-trained teams, all under the banner of Australia’s most dependable apartment hotel brand.

Backed by Quest Apartment Hotels’ proven franchise model, this is a rare opportunity to acquire a duo of high-quality hotels with a strong trading history in the tightly held Melbourne city-fringe market.

- Prime CBD fringe position in East Melbourne
- Directly adjacent to the MCG, Rod Laver Arena, AAMI Park, and Federation Square
- Cross-trained staff provide seamless coverage across both properties
- Properties are only 900 metre apart, enabling easy management
- Schedule 2026 refurbishment of Quest Jolimont bathrooms and kitchens
- Recent rent reductions secured at last market review
- Quiet, peaceful environment despite central location
- Inspection by appointment only
Date updated: 01 Oct 2026 01:00:09