This is a unique and rare opportunity to acquire the freehold ownership rights of the sole Quest-branded property in Darwin.
The Quest Palmerston, with an annual rental income of just under $1.6 million, presents an exceptional investment opportunity to possess the freehold interest in a highly stable accommodation asset located in Australia's northernmost capital city, which serves as a gateway to both the Top End and Asia.
The property has a top-tier tenant in the form of Quest Apartment Hotels' parent company coupled with over 21 years remaining on the lease, the investor has the benefit of both a strong tenant and the security of a long tenure.
Astute investors should be quick to consider this exceptional freehold passive investment.