Aspley, Queensland

Exceptional Brisbane Northside MLR Income, Lifestyle & Location in One

$575k MR & $835k Unit = Total $1.41m

Business Description

Exceptional Brisbane Northside MLR – Income, Lifestyle & Location in One
Delivering an outstanding 9.07% ROI, this high-performing Brisbane Northside MLR is a rare find, combining proven income with an enviable lifestyle and unbeatable location. Opportunities of this calibre are tightly held and highly sought-after.
• Net Operating Profit: $127,851- BC Remuneration: $102,370 (ex GST)
• Figures verified by industry accountant McAdam Siemon
• Business Price: $575,000 (4.5x multiplier) - Real Estate: $835,000 - Total Listing Price: $1,410,000 - ROI: 9.07%
• No office hours and no requirement to reside onsite

Perfectly positioned just 12km from Brisbane’s CBD in the sought-after northern growth corridor, the complex enjoys easy access to major shopping centres, quality schools, and a host of lifestyle amenities. Comprising 43 lots, with 12 in the letting pool and a further 5 outside letting appointments, this business is operationally straightforward – ideal for both experienced operators and newcomers seeking a manageable, profitable enterprise.

The manager’s residence is a standout – a renovated stand alone 4-bedroom home with 2 bathrooms, 3 car spaces, and a modern, private design. It’s rare to find a manager’s unit offering such space, style, and comfort. Unlock additional revenue potential by letting out the manager’s residence, adding a valuable boost to the already strong returns. With reliable income, a prime location, and an exceptional standard of accommodation, this is an outstanding business and lifestyle package.

Act now — high-performing MLRs in this location are in hot demand and rarely hit the market. Call today to arrange your confidential inspection before it’s gone.
Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks

Business Summary

Business Snapshot

Price: $575k MR & $835k Unit = Total $1.41m Net Profit: $127,851 Remuneration / Body Corp Salary: $102,370

Managers Unit

Value of Managers Apartment: $835,000Bedrooms: 4Bathrooms: 2Car Spaces: 3

Complex Information

Complex Type: PermanentTotal Units in Complex: 43Total Units in Letting Pool: 17Owner Occupy Units: 25Outside Agent Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 20 years
Marketing Agent
Malcolm O'Farrell
Malcolm O'Farrell

Key Investment Insights

1. Exceptional ROI of 9.07%
2. Verified figures by industry accountant
3. No office hours and no requirement to reside onsite
4. Prime location in sought-after northern growth corridor
5. Easy access to major shopping centres, schools, and lifestyle amenities
6. Operational straightforwardness ideal for experienced operators and newcomers
7. Manager's residence is a standout with 4 bedrooms, 2 bathrooms, and 3 car spaces
8. Potential for additional revenue by letting out the manager's residence
9. Reliable income and exceptional standard of accommodation
10. High demand and rarity of MLRs in this location
11. Confidential inspection available
12. Business and lifestyle package in one
13. Specialists in management rights, motels, hotels, pubs, and parks
14. Total listing price of $1,410,000
15. Long agreement term of 25 years with 20 years remaining.

Management Rights Multiplier: 4.50
ROI Estimate: 22.23%

Listing location
Gallery

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