Key Investment Insights
AI generated. Confirm details with the seller.
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.