Quest Springfield Central Archives

2025 Greater Springfield Business Awards Spotlight Community Success Stories

The 2025 Greater Springfield Business Awards brought together community leaders, small business owners, and educators to recognise outstanding achievements across the region. Held at the Springlake Hotel, the awards highlighted the breadth of talent shaping the city’s growth, from innovative education programs to small businesses providing vital services.

Celebrating education and community leadership

On Saturday, September 20, Springfield Central State High School earned the Education and Training Award, recognised for its commitment to innovation in learning and preparing students for diverse pathways. School staff credited the achievement to a collective effort, with particular acknowledgment of the work behind the award submission that demonstrated how the school empowers students to succeed.

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Local businesses making their mark

The awards highlighted the significant contributions of small businesses to the local economy. Mortgage brokerage Zest Mortgage Solutions secured two honours: the Outstanding Small Business Award and the Financial Services Award, reflecting its role in helping residents achieve home ownership with tailored lending solutions. APAR Hair Studio, a boutique salon in Augustine Heights, received the Best Customer Service Award for its emphasis on personalized care and community engagement.

Hospitality was also in the spotlight, with Quest Springfield Central recognised for its role in supporting visitors to the region. In the professional services sector, VM Family Law was commended for its support of families navigating complex legal matters, while BizGuard received the Media and IT Award for enhancing digital security within the business community.

The Little Guy Pest Control was awarded in the Real Estate and Property Maintenance category for its service to local households, and Western Spirit Football Club was acknowledged with the Lifestyle Award for encouraging participation in community sport.

Standout achievements recognised

Xperion, a Brisbane-based accounting firm with a strong local presence, was named Business of the Year. Its director, Petra King, was also awarded Business Person of the Year for her leadership and contributions to the Greater Springfield Chamber of Commerce.

Farfalla Interiors and Events, founded by Brookwater designer Joanne Steel, received both the President’s Award and the Members’ Choice Award, reflecting the respect and support it has earned within the community.

Community spirit at the forefront

The event was not only a celebration of winners but also a recognition of the diverse businesses that sustain the Greater Springfield area. From family-owned enterprises to larger institutions, the awards highlighted the collaborative spirit that continues to drive growth in Queensland’s newest city.

Published 3-Oct-2025

Quest Springfield Central Sold for $26.7 Million in Major Health Precinct Deal

Quest Springfield Central has been sold to Serene Capital for $26.7 million, marking one of the most significant accommodation transactions in Springfield’s growing health and education hub.

A Modern Asset in a Growing Precinct

Savills Australia and New Zealand brokered the sale of Quest Springfield Central, which settled in late September 2025 at a 7.65 per cent yield. Dubai-based Sidra Capital and London’s 90 North Real Estate Partners sold the property after purchasing it for $23.7 million in 2018.

Built in 2018, the four-star hotel at 4 Wellness Way includes 82 serviced apartments and three ground-floor tenancies. Current tenants are Guardian Early Learning Centre and Better Life Pilates, with one tenancy still vacant. The property is leased to Quest Hotels until 2043, with fixed annual rental increases in place.

Strength of the Health City Location

Quest Springfield Central sits within the Health City precinct, a master-planned zone positioned opposite Mater Private Hospital and adjacent to the new 174-bed Mater Public Hospital now under construction.

The hospital network, together with nearby educational and sporting infrastructure, continues to drive demand for short and long-stay accommodation in Springfield.

Local Demand and Community Impact

Springfield’s rapid growth in health and education services is shaping the suburb into a key destination for patients, staff, students, and visitors. The sale of Quest Springfield Central highlights the strong investor interest in accommodation assets that serve these needs.

Local families also benefit from supporting services within the property, such as childcare and wellness facilities, which add to community convenience.

Ongoing Investor Interest in Hotels

According to Savills, the increase in the hotel’s net income from $1.98 million to $2.043 million was an important factor in the transaction. Market specialists note that secure agreements with long-standing brands such as Quest provide confidence for institutional investors seeking consistent returns.

Springfield’s broader development pipeline, including the Brisbane Lions AFL training centre and upgraded transport links, further strengthens the precinct’s position as a regional hub.

Published 30-September-2025

Springfield Lakes Hotel Investment Opportunity Attracts Interest

Photo Credit: Google Map

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

Springfield Lakes Hotel Investment Opportunity Attracts Interest — *Photo Credit:* *Google Map*

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