57-63 Warwick Road, Ipswich, Queensland
Positioned for Prosperity Quest Ipswich Located in Booming Metro Brisbane Growth Corridor
Price on Request
Business Description
Burgess Rawson in conjunction with HTL property are delighted to offer to the market the Quest Hotel at 57-63 Warwick Road, Ipswich QLD for sale via Expression of Interest.
This property's investment highlights include:
+ Quest Apartment Hotels: Australasia's largest and fastest-growing apartment hotel brand with over 170 locations across key markets.
+ 4-star, 64-key hotel (32 serviced apartments), Ipswich's leading accommodation provider
+ $1.2 million refurbishment completed in 2025 with upgrades including new bathrooms and kitchens allowing for significant depreciation tax benefits.
+ Fifteen (15) year lease through to 30 November 2029 plus 5 x 5 year options through to 2039.
+ Net income of $1,171,520 pa* with annual increases of of 2% or CPI (whichever is higher).
+ Prime 4,556 sqm* freehold site with excellent street frontage on Warwick Road, with 11,800+ vehicles passing daily.*
+ Ipswich: 8th fastest growing metropolitan location in Australia with forecast population growth of 167% to 670,000+ by 2046
+ Close proximity to major demand drivers including Ipswich CBD, hospitals, university and RAAF Amberley.
+ Supported by Ipswich's $15.1 billion economy with major infrastructure and private investment across health, defense and education sectors. ***
+ Set to benefit from the 2032 Olympics with increased tourism and infrastructure spend driving long-term accommodation demand.
For Sale via Expression of Interest
Closing 4PM AEST, Thursday 17 July 2025
Business Summary
Business Snapshot
Price: Price on Request
Net Profit: $1,171,520
Hotel Information
Total Rooms: 64Stars: 4Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -Lease Term: 15 years
Key Investment Insights
Key Insights:
1. Quest Apartment Hotels is a well-established and rapidly growing brand with over 170 locations across key markets.
2. The property has recently undergone a $1.2 million refurbishment, resulting in significant depreciation tax benefits.
3. The hotel has a long-term lease in place until 2039, providing stable and secure income for potential investors.
4. The location of the hotel in Ipswich, the 8th fastest growing metropolitan area in Australia, offers strong potential for future growth and demand for accommodation.
5. The property is situated on a prime 4,556 sqm freehold site with excellent street frontage, providing high visibility and exposure to potential customers.
6. The hotel is strategically located near major demand drivers such as the Ipswich CBD, hospitals, university, and RAAF Amberley, ensuring a steady flow of customers.
7. Ipswich's $15.1 billion economy and major infrastructure and private investment in the health, defense, and education sectors make it a desirable location for investment.
8. The property is set to benefit from the 2032 Olympics, which will drive increased tourism and infrastructure spending, leading to long-term accommodation demand.
9. The hotel has a strong net profit of $1,171,520, providing potential investors with a solid return on investment.
10. The property is being offered for sale via Expression of Interest, providing interested parties with the opportunity to submit their best offer by the closing date of July 17, 2025.