Positioned for Prosperity: Quest Ipswich for Sale by Burgess Rawson & HTL Property

In a rare and strategic investment offering, Quest Ipswich, a premium 4-star serviced apartment hotel, has been listed for sale through leading national agencies Burgess Rawson’s Justin Kramersh, Neville Smith and Zomart He in conjunction with HTL Property’s Scott Callow.

Set in Queensland’s fastest-growing region and backed by one of the nation’s most trusted hospitality brands, the property presents a secure and high-performing asset in a booming regional market.

The 64-key property – including 32 self-contained serviced apartments – is Ipswich’s premier accommodation provider. With a 15-year lease in place to 30 November 2029, and 5 x 5-year options extending occupancy potential through to 2054, the offering represents a long-term income stream underpinned by Quest Apartment Hotels, Australasia’s largest and fastest-growing apartment hotel group with over 170 locations.

The asset generates a net income of $1,171,520 p.a., indexed annually to CPI or 2%, whichever is greater. In addition to secure lease terms, investors will benefit from strong future value through significant capital works, including a $1.2 million refurbishment scheduled for 2025. This upgrade includes new kitchens and bathrooms across the complex, offering substantial depreciation benefits.

Positioned on a commanding 4,556sqm freehold site on Warwick Road, the property enjoys high exposure to over 11,800 vehicles per day and is zoned CMU06 Mixed Use, providing flexible future development potential.

Just 40 minutes south-west of Brisbane, Ipswich sits within Queensland’s most rapidly expanding Local Government Area, with population forecasts projecting growth to 560,000 by 2041. The property’s location is minutes from the Ipswich CBD, public and private hospitals, the University of Southern Queensland, and RAAF Base Amberley – Australia’s largest Air Force base.

Mr Kramersh said Ipswich is currently undergoing a major transformation, buoyed by a $15.5 billion regional economy and robust investment across the health, defence, and education sectors. Further upside looms with the Brisbane 2032 Olympics, which is expected to drive sustained tourism growth and infrastructure investment across the region.

Quest Ipswich offers the rare convergence of long-term income certainty, strong brand backing, future development flexibility, and prime exposure in a high-growth corridor of South East Queensland.

The property is being sold via an Expressions of Interest campaign closing July 17.

For further information or to arrange a confidential inspection, contact the exclusive agents at HTL Property and Burgess Rawson.

Burgess Rawson

Justin Kramersh
Phone: 0460 349 605
Email: jkramersh@burgessrawson.com.au

Zomart He
Partner | Head of Asian Investment
Phone: 0488 220 830
Email: zhe@burgessrawson.com.au

Neville Smith
Partner
Phone: 0400 068 205
Email: nevilles@burgessrawson.com.au

HTL Property

Scott Callow
Director – Pubs & Accommodation
Phone: 0418 153 606
Email: scott.callow@htlproperty.com