Eagleby, Queensland
Crazy 18.5% Portfolio on Brisbanes Southside - $490k Nett Business Only!
Under Contract / Offer
Business Description
Crazy 18.5% ROI MR Portfolio on Brisbanes Southside - $490k nett
Tap into a business-only opportunity in Eagleby. Four adjacent complexes totalling 205 units deliver $490,049 p.a. net profit (incl. $246,495 salary) with an average term above 20years on CPI-adjusted agreements, all for $2,650,000—a rare 5.4× multiple with an 18.5% ROI. Based on industry borrowing norms, this represents circa 40% return on equity!
Here’s the kicker—this entire portfolio is currently run 100% passively by a Melbourne vendor. An experienced onsite manager handles everything from gardening and maintenance to letting and day-to-day oversight. Best part? They’re keen to stay on with the incoming buyer, making this an ideal hands-free investment.
No manager’s unit to buy and no office hours mean minimal oversight. Resort-style facilities across the four properties, includinh two pools and one small gym, driving premium occupancy. A combined 111-unit letting pool provides stable income and clear upside to convert externally managed units for extra commissions. (Optional Managers Unit available for purchase at River Hills Grange by negotiation - contact agent)
Situated at the heart of Eagleby, sits 33 km south of Brisbane CBD and 30 km north of the Gold Coast, with easy access to the Pacific and Logan Motorways. Nearby Logan River boat ramps and parklands offer fishing, walking and cycling. Daily conveniences include Cleveland Fresh & Saave shopping village just minutes away, while Logan Hyperdome, Beenleigh Town Centre and the train station are a short drive. Local schools—Eagleby South State School, Logan Hyperdome College and private colleges—enhance rental appeal. The other complexes in the portfolio are situated in nearby Marsden and Doolandella.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $490,049 Remuneration / Body Corp Salary: $246,495
Complex Information
Complex Type: PermanentTotal Units in Complex: 205Total Units in Letting Pool: 111Owner Occupy Units: 65Outside Agent Units: 29Agreement Term: 25 years
Key Investment Insights
1. 18.5% ROI on a $2,650,000 purchase price, quoted as a 5.4 times multiple, delivering $490,049 p.a. net profit including $246,495 salary.
2. Circa 40% return on equity based on industry borrowing norms, signalling strong leveraged returns.
3. Portfolio comprises four adjacent complexes totalling 205 units, providing scale and operational synergies.
4. Long term CPI adjusted agreements with an average term above 20 years, and a stated 25 year agreement term for stability of income.
5. 111 units in a combined letting pool, creating a sizeable recurring management revenue stream and clear upside from converting externally managed units.
6. Currently operated 100% passively by an interstate vendor, with an experienced onsite manager handling gardening, maintenance, letting and day to day oversight.
7. Onsite manager is willing to stay post sale, enabling an essentially hands free investment for the buyer.
8. No manager's unit required to buy and no office hours, minimising owner oversight and operating complexity.
9. Resort style amenities across the portfolio, including two pools and a small gym, supporting premium occupancy and tenant appeal.
10. Prime Southside Brisbane location in Eagleby, 33 km from Brisbane CBD and 30 km from the Gold Coast, with easy access to the Pacific and Logan Motorways.
11. Strong local amenity catchment with Logan River boat ramps, parklands, nearby shopping at Cleveland Fresh and Saave, Logan Hyperdome, Beenleigh Town Centre, train access and local schools enhancing rental demand.
12. Portfolio includes nearby assets in Marsden and Doolandella, offering geographic diversification within the same Southside market; an optional manager's unit at River Hills Grange is available by negotiation.