Only Pay Under 2.5x for Remuneration Income & No Onsite Living Required
Permanent Management Rights for Sale in Kallangur, QLD — $1,030,000 negotiable
Key facts
- Price
- $1,030,000 negotiable
- Location
- Kallangur, QLD 4503
- Type
- Permanent Management Rights
- Net income
- $73,312 (actual)
- Caretaking remuneration
- $73,312
- Agreement term (years)
- 25
- Agreement remaining (years)
- 21
- Office hours
- No set office hour
- Bedrooms
- 3
- Bathrooms
- 2
- Car spaces
- 1
- Listed by
- Shine Realty
- Listing ID
- 21181189
- Last updated
- 2026-09-10
Description
This is a rare management rights opportunity offering the security of stable caretaking income together with substantial future growth potential.
The current business is primarily supported by Body Corporate remuneration, providing reliable and predictable cashflow. At the same time, approximately 80% of the complex is currently managed by outside agents, creating a significant opportunity for an incoming operator to gradually expand the letting pool over time.
Key Features:
• 21.5 years remaining on the agreements
• Stable caretaking remuneration providing secure cashflow
• No onsite living requirement
• Manager's residence included in the purchase
• Manager's unit currently rented at approximately $630 per week
• Additional rental income of approximately $32,760 per annum from the manager's residence
• Approximately 40 units currently managed by outside agents
• Excellent potential to increase letting income in the future
• No facilities, resulting in low maintenance and simple day-to-day operations
• Easy-to-manage complex suitable for one person
• Ideal for first-time buyers, investors or experienced operators
Unlike many remuneration-focused management rights businesses where future growth is limited, this opportunity combines stable recurring income with genuine letting upside. Buyers can enjoy immediate cashflow while retaining the flexibility to grow the business over time.
For further information or to arrange an inspection, please contact the exclusive agent.
The current business is primarily supported by Body Corporate remuneration, providing reliable and predictable cashflow. At the same time, approximately 80% of the complex is currently managed by outside agents, creating a significant opportunity for an incoming operator to gradually expand the letting pool over time.
Key Features:
• 21.5 years remaining on the agreements
• Stable caretaking remuneration providing secure cashflow
• No onsite living requirement
• Manager's residence included in the purchase
• Manager's unit currently rented at approximately $630 per week
• Additional rental income of approximately $32,760 per annum from the manager's residence
• Approximately 40 units currently managed by outside agents
• Excellent potential to increase letting income in the future
• No facilities, resulting in low maintenance and simple day-to-day operations
• Easy-to-manage complex suitable for one person
• Ideal for first-time buyers, investors or experienced operators
Unlike many remuneration-focused management rights businesses where future growth is limited, this opportunity combines stable recurring income with genuine letting upside. Buyers can enjoy immediate cashflow while retaining the flexibility to grow the business over time.
For further information or to arrange an inspection, please contact the exclusive agent.