



Savills Hotels, as the exclusive sales agents, is delighted to present Quest on Wickham Terrace to the market, a newly developed serviced apartment hotel situated within the Wickham Private mixed-use development at 375 Wickham Terrace, Spring Hill, Brisbane. Key Investment Highlights: - Prime Inner-City Brisbane Location: Strategically positioned in Spring Hill, immediately adjacent to the Brisbane CBD and within walking distance of Central Station, Roma Street Station, Queen Street Mall, major hospitals and commercial office precincts, supporting a diverse mix of corporate, medical and leisure demand. - Proximity to Major Olympic Infrastructure: The hotel is positioned near Suncorp Stadium (52,500 seat capacity) and Victoria Park, where two key Brisbane 2032 venues are being developed: Brisbane Stadium (63,000 seat capacity) and the National Aquatic Centre (up to 25,000 spectators). - Brand New Institutional-Grade Asset: A newly completed 95-key serviced apartment hotel, purpose-built to modern standards with minimal near-term capital expenditure requirements. - Secure Long-Term Lease With Turnover Rent: Long-term lease to Quest Apartment Hotels, part of The Ascott Limited, one of the world's largest serviced apartment operators. The lease incorporates fixed annual rent, annual rental increases and turnover rent provisions, providing secure income with embedded growth potential, allowing income to grow in line with hotel revenue performance as Brisbane's market continues to strengthen. - Brisbane Growth & Olympic Tailwinds: Brisbane is one of Australia's strongest-performing hotel markets, underpinned by rapid population growth, expanding domestic and international tourism, increasing corporate demand, and substantial infrastructure investment. The Property is ideally positioned to benefit from the long-term legacy of the 2032 Olympic and Paralympic Games, including the proposed Brisbane Stadium and National Aquatic Centre, supporting sustained growth in visitation and hotel demand. - Favourable Market Timing: Brisbane recorded the strongest ADR growth (+8.6%) of any major Australian city in 2025 and the second-highest RevPAR growth (+8.9%), reinforcing investor demand for high-quality, income-producing hotel assets. - Integrated Mixed-Use Development: Located within a modern mixed-use development incorporating a medical facility, the hotel benefits from a diversified demand profile, attracting medical, corporate, and leisure travellers while supporting year-round occupancy. The property is for sale by Private Treaty. For further information or to arrange an inspection, please do not hesitate to contact the exclusive selling agents.
Savills - Sydney CBD
Level 25, 1 Farrer Place, Sydney, NSW
Savills - Brisbane
Level 33, Riverside Centre, 123 Eagle Street, Brisbane-City, Qld
Property ID: 505195232
Original Property ID: 505195232