Management Rights For Sale

Our Current Management Rights for Sale are:

 

Management Rights For Sale

Results 1 - 8 of 8


Updated
Premier Business Sales
Built in 2004 by the Sunland Group this waterfront residential-only highrise building is located on the Golden Mile at Labrador. It offers 22 levels of luxury living and sleek open spaces with...
MR Sales

Management Rights For Sale, Resort For Sale
Net Income: $255,000
Managers Estate: $650,000
Complex Units: 42
Letting Pool: 22
Remuneration: $61,700

  • Managers Bedrooms
  • 2
  • Managers Bathrooms
  • 2
  • Pet Friendly
  • y
Holiday Management Rights For Sale Tired of the same old routine? Ready to escape to your own slice of tropical paradise? Look no further. This is where holiday...
MR Sales

Management Rights For Sale, Resort For Sale
Net Income: $221,800
Managers Estate: $1,250,000
Complex Units: 92
Letting Pool: -
Remuneration: $173,000

  • Managers Bedrooms
  • 2
  • Managers Bathrooms
  • 2
  • Pet Friendly
  • y
Permanent Management Rights for Sale Less Work with Flexible Hours - Very limited work with the flexibility to work at your own pace. - No set office hours...
Updated
Premier Business Sales
Built in 2004 by the Sunland Group this waterfront residential-only highrise building is located on the Golden Mile at Labrador. It offers 22 levels of luxury...
Updated
Exclusive
Ras360

Management Rights For Sale, Resort For Sale
Net Income: $255,000
Managers Estate: -
Complex Units: 42
Letting Pool: 23
Remuneration: $61,700

  • Managers Bedrooms
  • 2
  • Managers Bathrooms
  • 2
  • Pet Friendly
  • -
Enviably located on prime coastal land, directly opposite the sparkling waters of a world-famous Broadwater, is the opportunity to secure the Management Rights to...
MR Sales

Management Rights For Sale, Resort For Sale
Net Income: $331,590
Managers Estate: $1,400,000
Complex Units: 143
Letting Pool: 22
Remuneration: $269,853

  • Managers Bedrooms
  • 3
  • Managers Bathrooms
  • 3
  • Pet Friendly
  • y
UNDER CONTRACT Management Rights For Sale Permanent Letting on the Broadwater - Remarkable business opportunity in an enviable location - Positioned...
Ras360
Experience the lifestyle you've always dreamed of with a thriving business opportunity! Uncover a prime gem on the Gold Coast, a successful business with an...
Exclusive
Stratacorp
An outstanding opportunity to purchase a well performing business located right within the Gold Coasts central precinct. This complex lends itself perfectly to...
Onsite Management Rights

Management Rights For Sale, Property/Real Estate For Sale
Net Income: $75,928
Managers Estate: $450,000
Complex Units: 38
Letting Pool: 14
Remuneration: $57,693

  • Managers Bedrooms
  • 3
  • Managers Bathrooms
  • 1
  • Pet Friendly
  • y
• A nice quiet complex, centrally located, with great access to The Broadwater and water activities. • No set office hours. • Supportive BC & committee. ...

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:

  1. 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.

  1. 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.
  2. 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.

A Management Rights owner/s will: 

  • Be paid an agreed amount from the Body Corporate to provide the caretaking services as set out in the Caretakers Agreement 
  • Be paid an agreed percentage for providing letting services on behalf of unit owners/investors in the building.
  • Earn commission for Unit Sales on behalf of unit owners/investors in the building.
  • Earn commission for services provided to short stay guests such as booked tours.
  • Earn a profit when providing additional maintenance or extra cleaning for unit owners.
     

Expect to invest over $1 million, with some management rights business opportunities costing over $7 million.

Remember with Management Rights you are generally not just buying a business, you are also purchasing an apartment - an appreciating asset.

Oftentimes the cost of a Management Rights business is calculated as a multiple of its income-generation potential or Net Profit

More Frequently Asked Management Rights Questions 

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Best priced business in Queensland, boasting a $301k net profit and large ROI | Resort Brokers ID : MR008347