Albury, New South Wales

$1,600,000

Property Description

Large hotel with a brilliant location in Albury CBD | Resort Brokers ID : LH006351

Quest Albury comprises 104 modern serviced apartments and a long 19 year lease. Located in central Albury, NSW just 300km from Melbourne.



  • 104 modern serviced apartments

  • Fantastic location in Albury CBD

  • Refurbishment works approved for 19/20

  • Upside with new owner/operator to grow OCC and ARR

  • Conference facilities, gymnasium and onsite parking

  • Part of the successful Quest Apartment Hotels group

  • 19 year lease with one landlord

  • Quest benchmark rent

  • Property inspections are by appointment only

Date updated: 18 Sep 2020 23:00:06

Property Summary

Business Snapshot

Price: $1,600,000 Net Profit: $508,563

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

ResortBrokers

Damon Lunardello
ResortBrokers

Phone

Listing Tools

This listing last updated: 18th September 2020

Property Map

Map Location ( get directions )

Albury, New South Wales 2640 Exact map location not provided

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