Pace Developments to Sell Brighton Beach Hotel

A PROMINENT near-new hotel opposite the Royal Brighton Yacht Club has hit the market with a price tag of $25.8 million.

The 59-room Quest complex, at 242 – 254 The Eplanade, is expected to sell to an investor or syndicate, who may sell down the 68-individually titled spaces within the complex, at a premium.

The waterfront property – available for sale as a whole by builder Pace Developments – also includes three penthouse apartments, retail and commercial components.

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