Our Current Management Rights for Sale are:
Showing 1 - 12 of 342
MOUNTAIN CREEK $2,500,000
Management Rights
Net Income: $420,000
Managers Estate: -
Complex Units: 140
Letting Pool: 90
Remuneration: $188,983
- Managers Bedrooms
- -
- Managers Bathrooms
- -
- Pet Friendly
- -
COOLUM BEACH $4,349,140
Management Rights
Net Income: $568,000
Managers Estate: $940,000
Complex Units: 57
Letting Pool: 50
Remuneration: $103,343
- Managers Bedrooms
- 2
- Managers Bathrooms
- 2
- Pet Friendly
- -
MERIMBULA $1,998,000
Management Rights, Resort
Net Income: $318,479
Managers Estate: $885,000
Complex Units: 21
Letting Pool: 20
Remuneration: $46,522
- Managers Bedrooms
- 2
- Managers Bathrooms
- 2
- Pet Friendly
- -
MAROOCHYDORE $1,900,000
Management Rights, Resort
Net Income: $233,000
Managers Estate: $735,000
Complex Units: 49
Letting Pool: 14
Remuneration: $158,851
- Managers Bedrooms
- 3
- Managers Bathrooms
- 1
- Pet Friendly
- y
CHERMSIDE Expression of Interest
Management Rights, Property/Real Estate
Net Income: $100,740
Managers Estate: $500,000
Complex Units: 37
Letting Pool: 26
Remuneration: $41,543
- Managers Bedrooms
- 2
- Managers Bathrooms
- 2
- Pet Friendly
- -
KANGAROO POINT $1,650,000
Management Rights, Property/Real Estate
Net Income: $199,463
Managers Estate: $850,000
Complex Units: 105
Letting Pool: 21
Remuneration: $125,452
- Managers Bedrooms
- 2
- Managers Bathrooms
- 2
- Pet Friendly
- -
CHERMSIDE $1,480,000 ONO
Management Rights
Net Income: -
Managers Estate: -
Complex Units: -
Letting Pool: -
Remuneration:
- Managers Bedrooms
- -
- Managers Bathrooms
- -
- Pet Friendly
- -
SLACKS CREEK $695,000
Management Rights
Net Income: $78,000
Managers Estate: $335,000
Complex Units: 43
Letting Pool: 16
Remuneration: $55,000
- Managers Bedrooms
- 3
- Managers Bathrooms
- 1
- Pet Friendly
- -
SYDNEY SOUTH Offers over 2 Millions
Management Rights, Property/Real Estate
Net Income: $343,101
Managers Estate: $450,000
Complex Units: 198
Letting Pool: 60
Remuneration: $211,941
- Managers Bedrooms
- 1
- Managers Bathrooms
- 1
- Pet Friendly
- -
RUNAWAY BAY Position! Potential! Profit!
Management Rights
Net Income: -
Managers Estate: -
Complex Units: -
Letting Pool: -
Remuneration:
- Managers Bedrooms
- -
- Managers Bathrooms
- -
- Pet Friendly
- -
HERVEY BAY $650,000
Management Rights
Net Income: -
Managers Estate: -
Complex Units: -
Letting Pool: -
Remuneration:
- Managers Bedrooms
- -
- Managers Bathrooms
- -
- Pet Friendly
- -
SURFERS PARADISE Expressions of Interest
Management Rights
Net Income: -
Managers Estate: -
Complex Units: -
Letting Pool: -
Remuneration:
- Managers Bedrooms
- -
- Managers Bathrooms
- -
- Pet Friendly
- -
So you are looking for 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.
At the moment, we have an abundance of listings around Brisbane.
- 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.
How long will you have the management rights?
There are some differences state-to-state, across the board. In NSW, there tends to be a 10-year maximum, with the exception of agreements made before 2003. In QLD, the term length depends on which regulation module governs the scheme; standard modules work a maximum of ten years while the accommodation module operates up-to 25 years.
Click here for current Management Rights valuation information.
