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Eureka Expands Victorian Rental Portfolio with $11M Nagambie Acquisition
9:44am on Thursday 15th of January, 2026 AEDT
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Real Estate
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Eureka Expands Victorian Rental Portfolio with $11M Nagambie Acquisition
9:44am on Thursday 15th of January, 2026 AEDT
Key Points
Acquisition of Nagambie Lifestyle Park with 127 revenue-generating sites
Purchase price of $11 million with an initial yield of 7.3%
Target five-year internal rate of return (IRR) of 15.9%
Plans to reactivate planning permit for 26 additional serviced sites
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Eureka Group Holdings (ASX:EGH)
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