Australia: Quest Apartment Hotels has begun construction of its first Gold Coast property, Quest Robina, with long-term development partner Pellicano.
The eight-storey project is a mixed-used development that will feature 80 serviced apartments, 37 square meters of ground-floor retail, a two-level basement carpark, and 24 residential apartments.
Quest Apartment Hotels general manager – growth James Shields said: “Our long-term partnership with Pellicano has facilitated our move into Robina, Gold Coast. We see Robina as a key commercial centre for the Gold Coast economy – evidenced by low office vacancy, iconic commercial towers and a range of drivers across the health, sporting and retail sectors to support future growth.”
“Business trips to the Gold Coast have experienced an average growth of above 6.5 per cent over the last six years which represents 10 per cent of the overnight domestic travel market. This provides a wonderful opportunity for Quest Robina to provide quality accommodation to meet this demand,” he added.
The Robina property marks one of four by Quest and Pellicano set for completion in 2020, with additional projects in the Victorian towns of Ballarat and Geelong and the Melbourne suburb of Preston. Once complete, the four projects will deliver 328 Quest serviced apartments, 2,500 square meters of retail space and a conference centre including theatre.
Pellicano managing director Nando Pellicano said: “50 years of development have taught us that the key drivers of an in-demand product remain constant despite market fluctuation; quality design, in-demand location and uncomplicated access to premium residential and lifestyle amenities. This project’s convenient location and ease of access to lifestyle amenities paired with Quest’s solid reputation for delivering quality accommodation ensures our confidence in the success of this project. Quest’s accommodation offering represents a unique opportunity to add value to the residential element of this development by offering hotel-like services for the occupants of the building.”
