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WILL THE VACANCY FEE FOR FOREIGN OWNERS HAVE AN IMPACT ON SHORT TERM MANAGEMENT RIGHTS?

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Following a series of amendments in November 2017, foreign owners who have applied for FIRB approval after the 9th May 2017 may be liable for a “vacancy fee” where their residential properties are [...]  

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Debt is Good, Or Is it?

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I have written previously about interest only finance and particularly the pros and cons of such a strategy. Setting aside the current pressure on lenders to restrict interest only funding I think it’s worth [...]  

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Aria Hotel sale caps off strong year for stand-out Canberra market

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Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation&rsq [...]  

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Women in management rights going solo

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Resident managers play a vital role in the successful growth of strata title communities, which are so much a part of our landscape and of modern Queensland cities and regions.   It is a 24/7 business and [...]  

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New Managers Spotlight

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Silverpoint, Main Beach   Narelle Filmer, from First National, Think Management Rights, would like to introduce Panayota Thomas as the new manager of Silverpoint in Main Beach.   Panayota has [...]  

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Anecdote: keeping everyone happy

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Recently, an old friend and I arranged to catch up.   He told me that he, and others within his business, travel around the countryside every week or two and stay at generally the same motels. I was [...]  

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Personal thoughts on hospitality

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As editor emeritus of this wonderful magazine I have spent the first two years of my retirement visiting all the places I desire strictly for enjoyment. The best bit is that I get to do it as a guest rather [...]  

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Prepare for your sale well in advance…

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As I have said in previous Resort News articles, and at the risk of stating what to many might seem obvious, the most important piece of advice I can give potential sellers of a management rights business is to [...]  

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How to hit the market with a saleable business…

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After attending the recent ARAMA Management Rights Industry Expos and listening to expert panelists on the Gold Coast, Sunshine Coast and in Brisbane, the overwhelming message to managers wishing to sell in [...]  

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Exclusive - The Ideal 2nd Income Opportunity - Business Only - ID 9230
The Simplest Business Opportunity in New Farm - ID 9229
Iconic Regional Entertainment Asset with Multiple Acquisition Pathways - Expressions of Interest are being sought
St Kilda Beach 17 Unit Motel - Price Reduced
Affordable Freehold Caravan Park In Bustling Rural Town
Exclusive - Almost No Garden Duty & High Net Profit of $331,547 - ID 9225
Money Maker Beachfront Leasehold, Walk to CBD And Lifestyle Business Opportunity - 2688ML
Exclusive - Net $150,867 plus $48,000 Rental Income in Southport - ID 8780
Lifestyle Caretaking in Central Southport - $75k Salary, No Onsite Requirement | Resort Brokers ID : MRC009207
REGIONAL CARAVAN PARK – FREEHOLD GOING CONCERN – OFFERED BY TENDER | Resort Brokers ID : FH009176
Beachfront Park for sale in SE QLD - JS520
FREEHOLD - Golden Heritage Accommodation, Beechworth VIC - 1P0598
Rare Freehold Passive Investment - Long 23 year lease in place | Resort Brokers ID : INV009069
Business Only - Newly Built Townhouse Complex Offering over $230k Net Profit | Resort Brokers ID : MRB009216
Large 44 room Leasehold Motel in Coastal Norther Rivers Location | Resort Brokers ID : LH009202
Rare Coastal Management Rights Opportunity – Strong Income & Lifestyle Appeal | Resort Brokers ID : MR009173
HIGH-PERFORMING TAMWORTH LEASEHOLD MOTEL WITH EXCEPTIONAL RETURNS
Exclusive - Super Low Hours & Low Multiplier in Southport – ID 9226