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. Exceptional reported yield, 18.5% ROI on a business-only sale, quoting a 5.4× multiple at $2,650,000.
2. $490,049 p.a. net profit reported, which includes $246,495 of remuneration/body corporate salary.
3. Portfolio comprises four adjacent complexes totalling 205 units, providing scale and diversification across close sites.
4. 111-unit combined letting pool offers stable income; 65 owner-occupy units and 29 outside-agent units reduce re-letting risk.
5. Long-term income security via CPI-adjusted agreements with an average term above 20 years, snapshot showing a 25-year agreement term.
6. Operates 100% passively under current Melbourne vendor, with an experienced onsite manager handling gardening, maintenance, letting and day-to-day oversight.
7. Onsite manager is willing to remain post-sale, enabling hands-free ownership; no manager’s unit required to purchase.
8. Clear operational upside by converting externally managed units to the letting pool to earn additional commission income.
9. Resort-style amenity offering two pools and a small gym, supporting premium occupancy and rental appeal.
10. Strong location fundamentals in Eagleby, 33 km south of Brisbane CBD and 30 km north of the Gold Coast, with close access to Pacific and Logan Motorways, Logan River recreational assets, and nearby shopping and schools.
11. Finance leverage profile presented as attractive, with circa 40% return on equity under typical industry borrowing assumptions.
12. Business status listed as Under Contract / Offer, indicating current sale activity and potential urgency for interested buyers.