Eight Mile Plains, Queensland
No Office Hours, Minimal Gardens, No Req Live Onsite @ Only 4.31X!
$1.25m @ 4.31X Minimal Gardens, No Office Hours!
Business Description
No Office Hours, Minimal Gardens, No Req Live Onsite @ Only 4.31X!
Boasting a net profit of $107,982 per annum and a generous body‑corporate salary of $72,464.81, this easy to run investment opportunity is offered at just a 4.31× multiple — a standout value in today’s market. Set within a meticulously maintained, low‑upkeep secure gated complex of 45 units with a beautiful tennis court & pool, caretaking duties are very minimal, low garden maintenance allows you to enjoy true work‑life flexibility with no fixed office hours.
Your home‑and‑income asset features an expansive 328 sqm manager’s residence: a spacious 3‑bedroom, 2‑bathroom, 2‑car unit complete with a converted second garage perfectly configured as a bright, dedicated home office. Ten units currently sit in the letting pool, delivering stable cash flow from day one while high barriers to entry underpin strong capital growth potential.
Ideally located in Eight Mile Plains, this complex sits within the coveted MacGregor State High School catchment and is mere steps from Garden City Shopping Centre’s retail, dining, and entertainment precinct. Immediate access to the Pacific Motorway means Brisbane CBD is just 10 minutes away and the airport 15 minutes. Close proximity to Griffith University Nathan campus, QEII Hospital, major employment hubs (Tech Park, Sunnybank), public transport interchanges, parks, and walking trails further cement this as the ultimate low‑maintenance, high‑return lifestyle investment.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $1.25m @ 4.31X Minimal Gardens, No Office Hours!
Net Profit: $107,982 Remuneration / Body Corp Salary: $72,465
Managers Unit
Bedrooms: 3Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 45Total Units in Letting Pool: 10Owner Occupy Units: 32Outside Agent Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 19 years
Key Investment Insights
1. Net profit of $107,982 per annum and a generous body-corporate salary of $72,464.81.
2. Easy to run investment opportunity with a 4.31X multiple, a standout value in today's market.
3. Meticulously maintained, low-upkeep secure gated complex with a beautiful tennis court and pool.
4. Minimal caretaking duties and low garden maintenance allow for true work-life flexibility with no fixed office hours.
5. Expansive 328 sqm manager's residence with 3 bedrooms, 2 bathrooms, and 2 car spaces.
6. Converted second garage serves as a bright, dedicated home office.
7. Ten units currently in the letting pool, providing stable cash flow from day one.
8. High barriers to entry underpin strong capital growth potential.
9. Ideally located in Eight Mile Plains, within the coveted MacGregor State High School catchment.
10. Steps away from Garden City Shopping Centre's retail, dining, and entertainment precinct.
11. Immediate access to the Pacific Motorway, with Brisbane CBD just 10 minutes away and the airport 15 minutes away.
12. Close proximity to Griffith University Nathan campus, QEII Hospital, major employment hubs, public transport interchanges, parks, and walking trails.
13. The ultimate low-maintenance, high-return lifestyle investment.
14. Specialists in Management Rights, Motels, Hotels, Pubs, and Parks.
