Quest opens first of three Sydney properties for 2016 at St Leonards
Quest Apartment Hotels has opened the first of its three new New South Wales properties planned for 2016 – the Quest St Leonards at 10 Atchison Street in the lower North Shore suburb of Sydney.
One of Sydney’s suburban skyscraper clusters, St Leonards has 79 studio apartments, gymnasium, swimming pool and a car park.
The building is five kilometres from the CBD.
Quest CEO Zed Sanjana emphasised the importance of the Sydney market in the company’s growth strategy.
“According to STR Global data from the September quarter 2015, occupancy in Greater Sydney increased to almost 86% – positioning the city as the top performer in Australia’s hotel market. This demand is simply not being met by supply – an issue we are addressing with the three properties scheduled to open this year,” he said.
“Quest St Leonards is located within a triangle of prominent commercial centres of Sydney – the CBD, North Sydney, and Chatswood – with a growing number of national and international companies choosing to base themselves in these areas.
“I am looking forward to considerably growing Quest’s presence in Sydney, expanding our offering in 2016 to include St Leonards, Bella Vista and Macquarie Park,” he said.
Bella Vista will follow in June and Macquarie Park in December
St Leonards’ own commercial centre continues to expand, providing one of the largest office markets in metropolitan Sydney.
Quest has a strong pipeline of property openings this year, opening in 11 new locations. In addition to St Leonards, this includes: West Perth, Mounts Bay Road, East Perth and Fremantle (WA); Newcastle West, Bella Vista and Macquarie Park (NSW); Port Adelaide (SA); Dandenong Central (VIC); and Petone (New Zealand).
