STATUS: HOTEL OPERATIONAL
Mainstay raised $11.5million of capital to develop a new apartment hotel development with a 15 year lease to national operator, Quest. Quest operates approximately one quarter of all Australian apartment hotels.
- Located on Great Eastern Highway, Ascot
- Between Perth CBD and Perth Airport
- Close to Ascot racecourse, Optus Stadium and Crown Casino
- Quest was winner of Best Serviced Apartment Hotel Brand in World Travel Awards 2020
- Target 9% per annum distributions paid monthly
IMPORTANT INFORMATION: The information contained on this page is general information only and does not take into account your individual objectives, financial situation or needs. Investment in the trust will only be available to persons who qualify as wholesale clients under sections 761G and 761GA of the Corporations Act. An investment in the trust will be subject to risks. Actual performance or returns of the trust may differ from those expressed or implied by forward-looking statements contained in this page. Images are provided for illustrative purposes only and are not assets of the proposed trust. To the extent permitted by law, Mainstay Capital and its directors, officers, employees, representatives and advisers are released from any liability in relation to anything contained in, or omitted from, this page.