Quest Apartment Hotels and property developer Pellicano are moving in
on Melbourne’s booming northern suburbs with a new mixed-used property in
Preston.
Valued at more than $38 million the six-storey property will feature ground floor retail
tenants, a basement car park and 79 Quest serviced apartments over three floors.
21 one and two-bedroom private apartments will make up the top two floors,
providing residents with hotel-like services in the heart of Melbourne’s north.
Quest Apartment Hotels General Manager – Growth, James Shields said Preston’s
favourable business environment and lifestyle makes it an ideal location for
professionals and families alike.
“Located on the iconic shopping strip of High Street, visitors will soon be able to take
full advantage of what Preston has to offer at one of our premium apartment hotels.
Preston is a suburb on the rise with a goal of hosting 10,000 jobs in the area in the
long term as part of Victorian government employment plans. Forming part of the
economic powerhouse of Melbourne’s north, this $40bn economy has experienced
nearly 5% growth year-on-year and has $36bn in committed infrastructure across
key projects such as Melbourne Airport Rail Link and North-East Link,” said Mr
Shields.
“With easy access to key drivers such as Melbourne Polytechnic, Northland
Shopping Centre, and a burgeoning reputation for its multicultural food offering this
property will be attractive to both corporate and leisure travellers,” Mr Shields
continued.
“Quest Preston will join other Quest locations in Melbourne’s thriving northern
suburbs, including Quest Epping, Quest Bundoora and Quest Ivanhoe, to really
cement Quest as the leader in the region’s accommodation market.
“Partnering with developers and retailers creates a unique service offering for our
guests. We are confident that the combination of accommodation, residential, and
retail space will add value to Preston,” James said.
The property is one of two new Quest Apartment Hotels being developed in
partnership with Pellicano, with Quest Robina on Queensland’s Gold Coast currently
under construction.
“50 years in the trade has taught us that the key drivers of any premium mixed-used
property are location and access to residential and lifestyle amenities,” Pellicano
Managing Director, Nando Pellicano said.
“The convenient location and access to Melbourne’s north suburban lifestyle, paired
with Quest’s solid reputation for delivering quality accommodation ensures the
success of this project.
“Quest’s premium accommodation services also presents a unique opportunity to
add value to occupants of The Emery Residences by offering hotel-like amenities.”
Pellicano is currently accepting retail enquiries for spaces ranging from 95 square
meters to 358 squares, which are designed to appeal to an urban market, artisan
bakery or high quality food and beverage operators.
Quest has rapidly expanded in recent years and is now the largest and fastestgrowing
apartment hotel operator in Australasia.
Quest Preston is one of nine new Quest properties are scheduled to open across
Australia, New Zealand and the United Kingdom over the next two years including
including North Sydney, Orange (NSW), Joondalup (WA), Tauranga Central (NZ),
Takapuna (NZ), Hastings (NZ), Christchurch – Cambridge Terrace (NZ), Mt
Maunganui (NZ) and Liverpool City Centre (UK).
on Melbourne’s booming northern suburbs with a new mixed-used property in
Preston.
Valued at more than $38 million the six-storey property will feature ground floor retail
tenants, a basement car park and 79 Quest serviced apartments over three floors.
21 one and two-bedroom private apartments will make up the top two floors,
providing residents with hotel-like services in the heart of Melbourne’s north.
Quest Apartment Hotels General Manager – Growth, James Shields said Preston’s
favourable business environment and lifestyle makes it an ideal location for
professionals and families alike.
“Located on the iconic shopping strip of High Street, visitors will soon be able to take
full advantage of what Preston has to offer at one of our premium apartment hotels.
Preston is a suburb on the rise with a goal of hosting 10,000 jobs in the area in the
long term as part of Victorian government employment plans. Forming part of the
economic powerhouse of Melbourne’s north, this $40bn economy has experienced
nearly 5% growth year-on-year and has $36bn in committed infrastructure across
key projects such as Melbourne Airport Rail Link and North-East Link,” said Mr
Shields.
“With easy access to key drivers such as Melbourne Polytechnic, Northland
Shopping Centre, and a burgeoning reputation for its multicultural food offering this
property will be attractive to both corporate and leisure travellers,” Mr Shields
continued.
“Quest Preston will join other Quest locations in Melbourne’s thriving northern
suburbs, including Quest Epping, Quest Bundoora and Quest Ivanhoe, to really
cement Quest as the leader in the region’s accommodation market.
“Partnering with developers and retailers creates a unique service offering for our
guests. We are confident that the combination of accommodation, residential, and
retail space will add value to Preston,” James said.
The property is one of two new Quest Apartment Hotels being developed in
partnership with Pellicano, with Quest Robina on Queensland’s Gold Coast currently
under construction.
“50 years in the trade has taught us that the key drivers of any premium mixed-used
property are location and access to residential and lifestyle amenities,” Pellicano
Managing Director, Nando Pellicano said.
“The convenient location and access to Melbourne’s north suburban lifestyle, paired
with Quest’s solid reputation for delivering quality accommodation ensures the
success of this project.
“Quest’s premium accommodation services also presents a unique opportunity to
add value to occupants of The Emery Residences by offering hotel-like amenities.”
Pellicano is currently accepting retail enquiries for spaces ranging from 95 square
meters to 358 squares, which are designed to appeal to an urban market, artisan
bakery or high quality food and beverage operators.
Quest has rapidly expanded in recent years and is now the largest and fastestgrowing
apartment hotel operator in Australasia.
Quest Preston is one of nine new Quest properties are scheduled to open across
Australia, New Zealand and the United Kingdom over the next two years including
including North Sydney, Orange (NSW), Joondalup (WA), Tauranga Central (NZ),
Takapuna (NZ), Hastings (NZ), Christchurch – Cambridge Terrace (NZ), Mt
Maunganui (NZ) and Liverpool City Centre (UK).