Quest St Kilda Bayside – A Proven Performer in a Prime Lifestyle Location
ADJUSTED NET PROFIT: $343,115
PRICE: $1,525,000
Take the reins of a consistently performing 52-apartment hotel in Melbourne’s premier bayside precinct.
Quest St Kilda Bayside is a well-established serviced apartment hotel, superbly located on a quiet street just steps from Acland Street, St Kilda Beach, and the iconic foreshore—only 6km from Melbourne’s CBD. Catering to both corporate and leisure guests, the property features fully self-contained apartments along with on-site amenities including a gym, solar-heated pool, and secure parking.
With an average occupancy of 75% and ARR of $205 over the past three financial years, the business offers strong, reliable income and high repeat visitation. Backed by the respected Quest brand, this is a rare opportunity for hands-on operators to acquire a lifestyle-focused, high-performing asset with solid growth potential.
Overview
Prime bayside location situated in iconic St Kilda, just 6km from Melbourne CBD
Established asset, comprising 52 fully self-contained serviced apartments
Operates under the trusted Quest Apartment Hotels network, providing proven systems and support
Features include a solar-heated outdoor pool, fully equipped gym and secure parking
Positioned for future growth with refurbishment plans underway, enhancing both appeal and value
3-year average: 75% occupancy, $205 ARR—reliable performer within the Quest network
