Karana Downs, Queensland
Love Golf! Big $183k Nett Profit set inside a premium golf course
SOLD
Business Description
🔑 Fairway Crest, Karana Downs – Secure 23% ROI on the Business, $183K Net Profit
Lifestyle + Long-Term Growth in Western Brisbane’s Boom Corridor
💼 Business Overview
Net Profit: $183k per annum
Business Price: $620,000 (~4.3× multiplier)
ROI on Business: 30%
The Home (Manager’s Unit): $760,000
Total Investment: $1,380,000
Agreement: Accommodation Module – 24 years remaining (recent top-up)
Assets Included: All equipment required to make a breeze of work including a brand new ride-on mower for grounds maintenance
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current owners do not sell
ADD REAL ESTATE SALES
7 Sales in complex in 2025
Potential Commission $100k plus
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🏠 Manager’s Residence
3 large bedrooms, 2 modern bathrooms
Fully renovated with high-end fixtures and finishes
Open-plan living, entertainer’s kitchen
Private courtyard perfect for relaxing or hosting guests
Standalone home
Ideal for couples or families seeking a lifestyle-based business
📍 Prime Location in Brisbane’s Growth Corridor
Set in a quiet, green complex near the Brisbane River and Golf Club, Fairway Crest offers peaceful living with proximity to major arterials, public transport, and the growing Ipswich region. A rare blend of lifestyle and convenience in one of SEQ’s fastest-developing corridors.
🌟 Why Fairway Crest?
Strong ROI: Attractive 13% return on total investment
Simplicity & Stability: Straightforward operation with supportive Body Corporate
Term Security: Full 25-year Accommodation Module agreement in place
Lifestyle Advantage: Low-maintenance, quiet complex in a family-friendly suburb
Infrastructure Growth: Region benefiting from significant public and private investment
Rising Demand: High rental and housing demand driving ongoing income stability
Fairway Crest presents a standout opportunity for first-time operators, experienced buyers, or investors seeking a reliable, income-generating asset with long-term upside and lifestyle flexibility.
📞 Enquire with Joel McCartin today to receive the Information Memorandum or arrange an inspection:
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Business Summary
Business Snapshot
Price: SOLD
Net Profit: $183,000 Remuneration / Body Corp Salary: $153,164
Managers Unit
Value of Managers Apartment: $760,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Complex Information
Complex Type: PermanentTotal Units in Complex: 80Total Units in Letting Pool: 16Owner Occupy Units: 63Outside Agent Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
AI generated. Confirm details with the seller.
1. Advertised annual net profit is $183,000, with the business price stated as $620,000.
2. The manager’s residence is a renovated standalone three bedroom, two bathroom home valued at $760,000.
3. A 25 year accommodation module agreement is stated, with 25 years remaining.
4. The permanent complex contains 80 units, including 16 units in the letting pool.
5. The operation includes required equipment and a brand new ride on mower for grounds maintenance.
6. The business is positioned near the Brisbane River, golf club, major arterials, public transport and the Ipswich region.
7. The quiet, green complex offers a lifestyle setting in a family friendly suburb.
8. The listing identifies potential additional commission exceeding $100,000 from seven 2025 complex property sales.
9. Supportive body corporate arrangements and a straightforward operating model are highlighted.
10. The complex benefits from 63 owner occupier units and only one outside agent unit.
Management Rights Multiplier: 3.97
ROI Estimate: 12.31%
