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KALLANGUR, QLD
Flexible Kallangur MLR 3.67x Multiplier with Upside & No Onsite Living Required
Kallangur, QLD, 4503
Services · Management Rights
$492K MR + $800K Unit = $1.292M
Flexible Kallangur MLR 3.67x Multiplier with Upside & No Onsite Living RequiredSecure 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.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.Positioned within Brisbanes 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.The standalone managers villa sits on a generous 345m 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. Attractive 3.67x multiplier entry point 23 years remaining on management agreements No obligation to live onsite, Office on title with no fixed hours Significant letting pool growth potentialOpportunities combining flexibility, income security and upside rarely last. Contact today to secure full details and arrange inspection before competing buyers move.Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
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