Results 1 - 6 of 6
Management Rights For Sale
Net Income: $193,500
Managers Estate: -
Complex Units: 49
Letting Pool: 22
Remuneration: $79,711
Management Rights For Sale
Net Income: $191,709
Managers Estate: $680,000
Complex Units: 48
Letting Pool: 17
Remuneration: $87,117
Management Rights For Sale
Net Income: $63,763
Managers Estate: $650,000
Complex Units: 27
Letting Pool: -
Remuneration: $63,763
Management Rights For Sale, Resort For Sale
Net Income: $188,460
Managers Estate: -
Complex Units: 49
Letting Pool: 22
Remuneration: $79,711
Management Rights For Sale, Resort For Sale
Net Income: $386,551
Managers Estate: $570,000
Complex Units: 65
Letting Pool: 66
Remuneration: $2,407
‘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:
At the moment, we have an abundance of listings around Brisbane.
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:
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