Quest Abbottsford serviced apartments to open this month

Quest Abbottsford serviced apartments to open this month
Quest Abbottsford serviced apartments to open this month

Quest Abbotsford serviced apartments is set to open this month, one of eight new Quest properties to launch this year.

Part of Salta Properties’ $1.5 billion Victoria Gardens Precinct, Quest Abbotsford is a joint venture between Quest Serviced Apartments and the privately owned Salta Properties.

Situated next to the Terminus Hotel at 611 Victoria Street, Quest Abbotsford will comprise 93 new studio, one, two and three bedroom serviced apartments. Prices begin at $169 per night for a studio apartment.

According to Quest chairman Paul Constantinou, the upcoming opening of Quest Abbotsford marks the beginning of a growth period for the company.

The upcoming opening of Quest Abbotsford apparently marks the beginning of a growth period for the company

“Demand for extended stay accommodation is exceeding supply in Australia, which is why we are opening seven new properties across a range of CBD, suburban and regional locations in 2014. Quest Abbotsford will kick off this period of major growth for Quest as we continue to respond to the needs of business travellers,” said Constantinou.

The franchise has been accepting bookings and is set to open on April 28. Quest Abbotsford is one of eight new Quest properties set to open this year, along with projects at King William South in Adelaide’s CBD, Berrimah in the Northern Territory, Woolloongabba in Queensland, Wellington and Whangarei in New Zealand, Newcastle West in New South Wales and Melbourne Airport.

Despite the suggestion that it marks the beginning of a period of growth, it appears this may have already started.

Quest looked to sell their Sydney Olympic Park offering, after listing it in May last year, seeking $39 million, to beef up funds for more than a dozen new projects. In June last year they recorded 28% growth over two years, leading the strongly growing serviced apartment market.

In September, they also opened a serviced apartment offering in Mackay, their second in the area. There have also been reports of plans to build in Melbourne's Tullamarine.

Tags: 
New Developments Victoria Tourism Quest Abbotsford

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