Slacks Creek, Queensland

Undervalued 2.68x MLR + 13 Letting Upside + Prime Location

Crazy 2.68X @ $185k MR & $579k Unit = Total $765k

Business Description

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**

Business Summary

Business Snapshot

Price: Crazy 2.68X @ $185k MR & $579k Unit = Total $765k Net Profit: $69,012 Remuneration / Body Corp Salary: $65,645

Managers Unit

Value of Managers Apartment: $579,800Bedrooms: 3Bathrooms: 1Car Spaces: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 43Total Units in Letting Pool: 4Owner Occupy Units: 26Outside Agent Units: 13Agreement Term: 25 yearsAgreement Term Remaining: 19 years

Marketing Agent

Kevin Tsai

0403 44....

Ras360

Key Investment Insights

1. Low-risk, high-upside opportunity in the management rights industry.
2. Convenient location just 15 minutes from Brisbane CBD.
3. Easy gardens and no office hours make this a low-stress side hustle or ideal for a first-time buyer.
4. Gated community with resort-style pool and BBQ area.
5. Manager's townhouse included in the price.
6. Low 2.68x multiple and 85% of income from caretaking.
7. Potential to grow profits by converting 13 externally managed units into the letting pool.
8. Minimal day-to-day workload.
9. Ideal for those seeking an easy, income-producing lifestyle.
10. Specialists in management rights, motels, hotels, pubs, and parks.
11. Crazy 2.68x multiple at $185k MR and $579k unit, for a total of $765k.
12. Net profit of $69,012.
13. Remuneration/Body Corp salary of $65,645.
14. Manager's unit valued at $579,800.
15. Complex type: permanent.
16. Total units in complex: 43.
17. Total units in letting pool: 4.
18. Owner-occupied units: 26.
19. Outside agent units: 13.
20. Agreement term: 25 years.
21. Agreement term remaining: 19 years.

Management Rights Multiplier: 2.68
ROI Estimate: 37.26%