Undervalued 2.68x MLR + 13 Letting Upside + Prime Location
Still sitting on the sidelines? Deals like this don’t wait forever.
This is one of the lowest-risk, high-upside entries into the management rights world you’ll see all year.
Secure a gated community MLR in a super-convenient location just 15 mins from Brisbane CBD. With easy gardens, no office hours, and a caretaking salary making up 85% of your income, this is the ultimate low-stress side hustle – or perfect for a first-time buyer looking for flexibility and stability.
Location Highlights
Set in a peaceful gated community just 1 minute from public transport and 5 minutes to Underwood Marketplace and the M1, this complex offers unbeatable convenience. Enjoy quick access to Brisbane CBD (15 minutes) and the Gold Coast (under 45), with local schools, parks, shops, and riverfront walkways all nearby. Residents love the resort-style pool and BBQ area, and as manager, you’ll enjoy the lifestyle without the maintenance burden.
Your Home Included
Live on-site in a 3-bedroom townhouse with one bathroom and secure parking — valued at $579K and all included in the price. The complex even features a resort-style pool and BBQ area that residents love (and you don’t have to maintain!).
Why It’s a Smart Buy
With a low 2.68x multiple, 85% of income from caretaking, and 19 years remaining on the agreement, this is a low-risk, high-stability investment. There’s real potential to grow profits by converting 13 externally managed units into your letting pool. Minimal day-to-day workload, no office hours, and a high-value townhouse included make this an ideal choice for first-time buyers or those seeking an easy, income-producing lifestyle.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
