Eagleby, Queensland
Rare Eagleby Side-by-Side Business-Only MR - $231K Net Profit, 18.5% ROI @ Only 5.4×
SOLD
Business Description
Rare Eagleby Side-by-Side Business-Only MR - $231K Net Profit, 18.5% ROI @ Only 5.4×
Unlock two adjacent Eagleby complexes - delivering a combined $231,089 p.a. net profit and $113,585 p.a. body-corp salary under secure 20-year accommodation modules to 19 Sep 2044 with annual CPI/3% reviews.
Priced to sell at just $1,249,000, this package equates to a rare 5.4× multiple and an 18.5% ROI for 81 units—all business-only, with no manager’s unit to purchase (optional).
This business-only model requires no set office hours, offering genuine flexibility. Guests enjoy resort-style living with inground pool, while the intimate, low-maintenance environment drives strong occupancy.
The combined 54-unit letting pool provides immediate, recession-resistant cashflow, with clear upside by converting the remaining 10 units under external management.
Situated approximately 33 km south-east of Brisbane CBD along the Pacific Motorway corridor, Eagleby combines affordability with connectivity. Daily essentials are met at Eagleby Shopping Plaza, while Beenleigh Town Centre and Logan Hyperdome lie minutes away for major retail. Frequent Logan City Bus services and nearby Beenleigh train station connect to the CBD, airport and Gold Coast. Families benefit from catchments at Eagleby State School and Eagleby South State School, and riverfront parks along the Logan and Albert Rivers offer lifestyle appeal
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: SOLD
Net Profit: $231,089 Remuneration / Body Corp Salary: $113,585
Complex Information
Complex Type: PermanentTotal Units in Complex: 81Total Units in Letting Pool: 54Owner Occupy Units: 17Outside Agent Units: 10Agreement Term: 25 yearsAgreement Term Remaining: 20 years
Key Investment Insights
1. $231,089 p.a. net profit, with an additional $113,585 p.a. body-corp salary, indicating strong annual cashflow.
2. Listed price of $1,249,000 equates to a low 5.4× multiple and an 18.5% ROI, signalling a value-oriented acquisition.
3. Package comprises 81 units across two adjacent Eagleby complexes, providing scale and operational synergies.
4. 54 units currently in the letting pool delivering immediate income, with 10 externally managed units representing clear conversion upside.
5. Agreement framework secure to 19 September 2044, approximately 20 years remaining, with annual CPI or 3% reviews, providing long-term revenue protection.
6. Business-only management-rights model, no manager’s unit required (optional), reducing capital outlay and enabling flexible, non-set office hours.
7. Resort-style amenity including an inground pool and an intimate, low-maintenance environment, supporting strong occupancy and guest appeal.
8. 25-year original agreement term, confirming established contractual structure and industry-standard tenure.
9. Strategic location about 33 km south-east of Brisbane CBD on the Pacific Motorway corridor, combining affordability with connectivity.
10. Local amenity catchment includes Eagleby Shopping Plaza, nearby Beenleigh Town Centre and Logan Hyperdome, supporting guest convenience and extended-stay demand.
11. Good transport links via frequent Logan City bus services and nearby Beenleigh train station, offering access to the CBD, airport and Gold Coast.
12. Family-friendly lifestyle drawcards with local school catchments at Eagleby State School and Eagleby South State School, plus riverfront parks along the Logan and Albert Rivers.