WOOLLOONGABBA IS NEXT QUEST
Written on the 11 September 2014
QUEST Serviced Apartments has hailed Woolloongabba as the next big suburb in Brisbane.
The apartment operator opened the doors to its newest property on Logan Road, to tap into the corporate market seeking long-stay accommodation outside of the CBD.
Quest CEO Zed Sanjana says large international events like the G20 Summit will attract market activity in the area.
“We see significant growth potential in the inner-city suburb of Woolloongabba, a mixed-use area set to challenge New Farm and South Brisbane as the city’s newest urban centre of the future,” Sanjana says.
“Queensland, particularly Brisbane, is making its mark on the global stage thanks to the state government’s continued investment in infrastructure and major events.
“Business activity will continue increasing in the South-East as it plays host to international events, such as the 2014 G20 Summit this coming November.”
Sanjana says Woolloongabba’s population is set to grow by 4.3 per cent in the next 20 years, to about 12,000 residents and 10,000 workers.
Quest Woolloongabba is comprised of 132 studio, one, two and three bedroom serviced apartments, as well as conference facilities, gym and rooftop barbeque area.
Franchisees Simon and Kylee Russell have already welcomed their first guests and say the building’s location is a major drawcard.
“Here at Quest Woolloongabba we are perfectly located in one of Brisbane’s oldest suburbs, among some of the city’s most popular antique shopes, boutiques, cafes and restaurants,” Simon Russell says.
“The brand new property is within close proximity to some of the best Brisbane has on offer, including the Brisbane Cricket Ground, Princess Theatre and South Bank Parklands, in addition to the bustling CBD.”
Quest has nine more properties slated for opening this financial year across Australia, including Townsville, Kelvin Grove, Chermside and Toowoomba in Queensland.