Well you can get all 496 gear just from timeless isle. (upgrades to 504). And heroic scenarios, some of which should be boxable at that ilevel can drop a 516 item every day. Additionally there are 2 or 3 burdens of eternity to make a 535 item from the 496 tokens.
I'd say that a 515 ilevel would be a good first goal and then you could safely take them into raids if they all have a dps spec and the names aren't so similar people get annoyed and notice you are boxing.
edit: it is certainly POSSIBLE to get more than 2 or 3 burdens on your team if you are willing to do a lot more farming than I am
My friend got 5 burdens in 2 days on his single character farming because of the chest event you can do.
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