About the Business

Take the reins of a consistently performing 53-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.



The business operates under secure strata leases with an average of 20 years remaining, providing long-term stability. With an average occupancy of 75% and an average room rate (ARR) of $205 over the past three financial years, the business delivers strong, reliable income and enjoys high repeat visitation. Backed by the respected Quest brand, this presents a rare opportunity for hands-on operators to acquire a lifestyle-focused, high-performing asset with solid growth potential.