A prime hotel investment opportunity has emerged in Springfield Lakes. The Quest Springfield Central is being offered for sale and is expected to fetch offers from $30 million.
Prime Location in Growing Hub
The 82-room, four-star apartment hotel, completed in 2018, occupies a 2,795sqm site within Springfield Central’s thriving business, health, and education precinct.
The property also includes three additional tenancies. Its location within the Health City district is directly opposite the Mater Private Hospital and adjacent to the soon-to-be-completed 174-bed public hospital, positioning it to capitalise on the area’s expanding healthcare sector. The hotel also benefits from its proximity to new sporting infrastructure, including the Brisbane Lions AFL sports centre.
Strong Investment Fundamentals
Savills Australia and New Zealand are handling the sale. Savills representatives noted the rarity of this offering, emphasising the strength and security provided by the Quest brand and the existing long-term leases. They stated Springfield Central has become a key hub for business, education, and healthcare, driving consistent demand for quality accommodation.
They further highlighted the long-term income stream of three robust leases and the established Quest franchise model as attractive features for investors.
Expressions of Interest Campaign
The Quest Springfield Central is being offered for sale via an Expressions of Interest campaign, closing on Friday, 14 March at 2:00 1 PM (AEDT).
Published Date 20-Feb-2025