Flexible Kallangur MLR – 3.67x Multiplier with Upside & No Onsite Living Required
Permanent Management Rights for Sale in Kallangur, QLD — $492K MR + $800K Unit = $1.292M
Key facts
Price
$492K MR + $800K Unit = $1.292M
Location
Kallangur, QLD 4503
Type
Permanent Management Rights
Net income
$133,718 (actual)
Caretaking remuneration
$119,670
Units in letting pool
9
Total units in complex
61
Agreement term (years)
25
Agreement remaining (years)
23
Office hours
None Required
Bedrooms
3
Bathrooms
2
Car spaces
2
Listed by
Ras360
Listing ID
21170048
Last updated
2026-10-26
Description
Flexible Kallangur MLR – 3.67x Multiplier with Upside & No Onsite Living Required<br />
Secure this well-priced Kallangur management rights at a sharp 3.67x multiplier, delivering strong base income with clear letting pool growth potential. No requirement to live onsite provides rare operational flexibility or additional rental income opportunity.<br />
<br />
Generating $133,718 net profit, supported primarily by a solid Body Corporate salary of $119,000 ex-GST, this business offers stable income with upside via letting pool growth. Recently topped up agreements provide 23 years remaining, offering long-term security at an attractive entry price.<br />
<br />
Positioned within Brisbane’s high-growth northern corridor, the complex enjoys excellent access to Kallangur Station, local shopping, schools, and North Lakes retail and business precinct. Strong population growth, transport connectivity and lifestyle convenience continue to underpin rental demand and future letting opportunities.<br />
<br />
The standalone manager’s villa sits on a generous 345m² allotment, offering three bedrooms, two bathrooms and double garage parking. With no requirement to reside onsite, incoming operators may occupy for lifestyle convenience or lease the residence separately to enhance overall investment returns.<br />
<br />
• Attractive 3.67x multiplier entry point<br />
• 23 years remaining on management agreements<br />
• No obligation to live onsite, Office on title with no fixed hours<br />
• Significant letting pool growth potential<br />
<br />
Opportunities combining flexibility, income security and upside rarely last. Contact today to secure full details and arrange inspection before competing buyers move.<br />
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Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks