Management Rights for Sale

Welcome to Accom Properties

 
 
 

Accom Properties is the most trusted destination for buying or selling resorts, accommodation property and Management Rights Australia

 

Management Rights For Sale

Management rights is the industry name for a business arrangement between resident managers of strata titled properties (complexes comprised of units owned by different entities) and a property developer or body corporate made up of unit owners.


Two agreements are key to owning management rights:


A ‘caretaking agreement’ permits a manager (or managers, often a couple) to live in one unit onsite and take care of common areas within the complex, such as swimming pools, tennis courts, stairs, the car park, etc. A base salary and list of responsibilities are included in this agreement with the body corporate.


A ‘letting agreement’ with the body corporate gives a resident manager exclusive rights to let out units in the complex on a commission basis. The nature of commission is often negotiated with each unit owner.
Management rights owners always reside onsite but the nature of their accommodation fluctuates depending on the complex. Some properties offer resident managers a one-bedroom unit and office for day-to-day operations; others may offer a luxury penthouse suite and private elevator.


Each management rights agreement is as unique as its property.



learn more

Hotels for Sale


So you want to buy a hotel?


Hotels come in many shapes and sizes from smaller boutique properties to mid-sized B&Bs, larger multi-facility operations and huge, resort-style enterprises. To become a hotel owner is to invest in real estate as well as a business. There are many things to consider when purchasing a hotel investment.


What to consider when buying a hotel property:


Location: if you build it, will they come? Proximity to tourist hotspots, business hubs, hospitals, universities, etc., will influence bookings.


Competition: how many similar properties are in the area? Point-of-difference is a massive marketing tool and as an independent accommodation provider on social media it is much easier to market something that stands out.


Local business: will your guests have things to do? With Google maps on smartphone speed dial, it is easier than ever for potential guests to research local areas. People are more likely to stay somewhere if they spot a couple of interesting cafes, shops or bars within walking distance.


Development: what’s going on in the next few years? In just five years, a whole town or area can completely change. It’s well-worth checking what planning permissions have gone through; ask the locals about development rumours or upcoming upgrades. Find out if any new shopping areas, parks, schools, restaurants, roads, etc., are on the cards. These could all have an impact on future bookings for better or worse.



learn more

Motel for Sale

So you want to buy a motel?

 

Motels are uniquely designed to target motorists and have a distinctively low-rise aesthetic. To purchase a motel outright and operate it yourself, would infer a situation known within the industry as ‘Freehold Going Concern’. This method of motel purchasing was particularly popular prior to the 1980s.

 

Nowadays, in Australia, people can purchase a long-term lease from a motel owner or landlord in a situation referred to as a ‘split’ motel. This motel leasing idea was pioneered in the 1980s by now managing director of Resort Brokers Australia, Ian Crooks.

 

How long is a motel lease?

 

The standard length of a lease in a split motel is approximately 30 years, made up of a ten-year baseline, plus multiple five-year extensions. Similar to a management rights agreement, the leasing party usually lives onsite and takes care of daily motel operations.

 

Who does what?

 

In both motel models, the landlord owner of the property takes care of all structural lot maintenance repairs. In a split motel, the landlord owner also receives annual rent from the leasing party. The rental agreement may include a review clause but usually increases by CPI each year.

 

The leasing party in a split motel runs the business side of things, doing all they can to increase profit-by-occupancy. They pay all operating fees and costs, including utilities. The owner becomes a passive investor in this agreement, responsible only for structural land/property maintenance.



learn more

Caravan Park for Sale

So you want to buy a holiday park / Caravan Park?

 

A holiday park is an umbrella term referring to parks or areas that house caravans, cabins, camp sites and mobile homes for short-term let, permanent use, or a mix of the two.

 

Holiday parks are increasingly innovating and diversifying their space; not just with powered sites, ‘glamping’ rooms and ensuites but with resort-style facilities and varied services.

 

What are the purchasing models?

 

Like motels, holiday parks can be bought outright in an agreement known as ‘Freehold Going Concerns’, or in a ‘Split’ model that involves a long-term managing lease. 

In the freehold model, an owner-operator rules the roost, covering all fees, administration and maintenance as well as marketing, making bookings and keeping all profits.

 

In the split arrangement, it is the leasing party’s responsibility to operate the park, doing all they can to increase profit-by-occupancy, and pay the owner an annual rent. The rental agreement may include a review clause but usually increases by CPI each year. The owner becomes a passive investor in this agreement, responsible only for structural land/property maintenance. 



learn more

Featured Properties

 
 
 

EDEN
Sapphire coast dream location

$1,250,000
Net Income: $330,000
Managers Estate: - - Bed - Bath
Complex Units: -
Letting Pool: -
Remuneration:

Lyall And Scott Property
Hotel for sale in 23 Andrew Street, STRAHAN, TAS 7468
Exclusive

STRAHAN
Hotel for sale in 23 Andrew Street, STRA...

Price on Application
Net Income: -
Managers Estate: - - Bed - Bath
Complex Units: -
Letting Pool: -
Remuneration:

Knight Frank

PORT DOUGLAS
Rare Opportunity - Exclusive Resort

$3,415,000
Net Income: $621,700
Managers Estate: $300,000 - Bed - Bath
Complex Units: -
Letting Pool: -
Remuneration:

Calvin Bailey Management Rights
Stunning Permanent Management Rights in Kings Beach
Exclusive

KINGS BEACH
Stunning Permanent Management Rights in...

$1,090,000 ONO
Net Income: $123,388
Managers Estate: $535,000 3 Bed 2 Bath
Complex Units: 76
Letting Pool: 10
Remuneration: $107,299

Next Business & Property Sales
Grow your familys' future in the idyll of Everton Park.
Exclusive

EVERTON PARK
Grow your familys' future in the idyll of...

$1,118,600
Net Income: $133,772
Managers Estate: $538,400 4 Bed - Bath
Complex Units: 41
Letting Pool: -
Remuneration: $46,430

RAAS Group
Rare Tasmanian 26 unit freehold Motel, Exemplary Presentation, o/o $899,000, 17.77% ROI
Exclusive

QUEENSTOWN
Rare Tasmanian 26 unit freehold Motel...

$899,000 offers over
Net Income: -
Managers Estate: - - Bed - Bath
Complex Units: -
Letting Pool: -
Remuneration:

Tasmanian Business & Property Sales

Supplier News

 
 
 

Bold moves bring big rewards

by Trish Riley 17th October, 2018

Taking a leap of faith to take on the management of Park View North Lakes in May this year was just the first of a number of bold and gutsy decisions that Joel and Nadine Leibinger have made in order to [...]

Read More

All the right connections to seal the landmark Nexus sale

by Catie Langdon 27th September, 2018

A team effort by three RESORTBROKERS Gold Coast agents successfully linked experienced accommodation operators with a shared Chinese background to seal the recent multi-million dollar sale of Nexus [...]

Read More

Introducing ... Charles Nurse - Stratacorp

17th August, 2018

Charles Nurse is breathing new life into the Management Rights industry with a new approach that will maximise every investment opportunity. He has developed a super-efficient tech-smart system to help [...]

Read More

Property News

 
 
 

The Gold Coast property market: a cautious confidence prevails

by Trish Riley - Resort News Editor 17th October, 2018

Depending on who you speak to, the Gold Coast property market may be slowing after the beat up of the Commonwealth Games, declining in line with the rest of the country or stoically holding its own [...]

Read More

Selling your business: the tax concessions

by Jonathan Hanaghan 27th September, 2018

Today I will be discussing what most of you will be wondering when contemplating selling your small business.  Will I have to pay Capital Gains Tax? Well, this depends on how you paid for the [...]

Read More

August figures just released, a record 4,390 buyers visit Accomproperties

by Dave Wright 27th September, 2018

Multimedia Publishing (Resort Publishing) continues to support the market with yet another record traffic month for the Accom Properties portal. In its 18 months in market Accom Properties, the trusted [...]

Read More