Karana Downs, Queensland
Love Golf! Big $183k Nett Profit set inside a premium golf course
Under Contract / Offer
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: Under Contract / Offer
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. Reported annual net profit of $183,000 provides an established income stream for the incoming operator.
2. The business includes a fully renovated three bedroom, two bathroom standalone manager’s residence valued at $760,000.
3. A 25 year Accommodation Module agreement is stated, with 25 years remaining for long term tenure security.
4. All required operating equipment is included, including a brand new ride on mower for grounds maintenance.
5. The operation is supported by a straightforward management model and a supportive body corporate.
6. The complex contains 80 permanent units, including 16 in the letting pool and 63 owner occupied units.
7. Seven complex sales in 2025 may provide potential additional commission income, although the current owners do not sell.
8. Set near the Brisbane River and Golf Club, the property offers a quiet green setting with access to major arterials and public transport.
9. The manager’s residence features modern finishes, open plan living, an entertainer’s kitchen and a private courtyard.
10. Located in Karana Downs within Western Brisbane’s growth corridor, the business is positioned near the growing Ipswich region.
Management Rights Multiplier: 3.97
ROI Estimate: 12.31%