Operating under the highly successful"Quest"franchiseConsisting of 31 serviced apartments in two inner city buildingsBeautifully furnished and decorated AAA 4 star rated apartmentsManagers apartment consists of one bedroom, kitchen, laundry, lounge/dining roomThe reception is a bright modern area, fully computerized and running Room Master management softwareNo restaurant to worry about, staff or manage. The business is situated close to many great restaurants adn the business offers guests charge back facilitiesAveraging 85% occupancy for the past 3 yearsThis profitable and beautifully presented business will make a fantastic family business and a great investment and lifestyleDue to the owners retirement, a fantastic opportunity has arrived to purchase the leasehold of these"Quest"branded serviced apartments in the heart of the capital city of Tasmania, Hobart.Each business is close to, or in the CBD and each business has its own unique characteristic. Currently run under management, these serviced apartments will also make ideal family businesses.The Quest brand is one of the most trusted and respected franchises in the industry and is regarded in the industry as one of the most successful and profitable franchises for operators and enjoys an above average occupancy rate.Your choice of three business locations, close to Constitution Docks and Salamanca Place, in the heart of the retail shopping district or on the edge of the CBD in historic buildings and garden settings, so beloved by visitors to Hobart.Strong leases in place from 8 years to 15 yearsBusinesses are AAA 3.5 to 4 star ratedThe businesses offer 31, 34 and 37 serviced apartments, most of which are self containedNo restaurant to staff and operate. Easy to manage Continental Breakfast onlyClose to all Hobart's main attractions including, Brooked Street Cruise Pier, Tasmanian Museum and Art Gallery, Battery Point, The Domain Tennis Centre, TCA ground, Mount Wellington, the CBD and much moreOn-site owners/managers quarters are provided at two of the businessesAll receptions and offices of outstanding appearance in keeping with the character of the businesses with computerized Room Master Management SystemsInvestment summaries available NOW for each of these excellent businesses (Signed Confidentiality Agreements required). PHONE NOWSOLD INDIVIDUALLY, BUT WHY STOP AT ONE' These are all fantastic businesses. Inspection will not disappoint! Net:$148,297Turnover:$1,048,991