Management Rights For Sale

Our Current Management Rights for Sale are:

 

Management Rights For Sale

Results 1 - 9 of 9


ResortBrokers

Management Rights For Sale
Net Income: $1,251,800
Managers Estate: -
Complex Units: 326
Letting Pool: 104
Remuneration: $577,280

  • Managers Bedrooms
  • -
  • Managers Bathrooms
  • -
  • Pet Friendly
  • -
ResortBrokers presents to market this outstanding 4.5 star serviced apartment building in a hot location of Melbourne. Boasting a net in excess of $1.25m with lots of upside potential to be...
Exclusive
MR Sales
Victorian Management Rights for Sale Work And Play in One of Victoria’s Premier Locations - Strategically located between two of Australia’s top 25 golf...
ResortBrokers

Management Rights For Sale
Net Income: $1,251,800
Managers Estate: -
Complex Units: 326
Letting Pool: 104
Remuneration: $577,280

  • Managers Bedrooms
  • -
  • Managers Bathrooms
  • -
  • Pet Friendly
  • -
ResortBrokers presents to market this outstanding 4.5 star serviced apartment building in a hot location of Melbourne. Boasting a net in excess of $1.25m with lots...
Onsite Management Rights
• Newly renovated contemporary apartment hotel • No estate to buy • Comprising 25 self-contained rooms, with potential to secure more rooms for business...
ResortBrokers

Management Rights For Sale
Net Income: $458,445
Managers Estate: -
Complex Units: 366
Letting Pool: 33
Remuneration: $486,684

  • Managers Bedrooms
  • -
  • Managers Bathrooms
  • -
  • Pet Friendly
  • -
Bought to you exclusively by ResortBrokers is the lucrative business-only management rights to The Evermore apartments. An exceptional quality, centrally positi...
ResortBrokers

Management Rights For Sale
Net Income: $540,999
Managers Estate: $695,000
Complex Units: 181
Letting Pool: 85
Remuneration: $179,116

  • Managers Bedrooms
  • 3
  • Managers Bathrooms
  • 2
  • Pet Friendly
  • -
Located in a popular precinct in suburban Melbourne, Clayton Serviced Apartments is a fully established business that's ideal for both short-stay and permanent...
ResortBrokers

Management Rights For Sale
Net Income: $289,357
Managers Estate: $800,000
Complex Units: 35
Letting Pool: 33
Remuneration: $45,598

  • Managers Bedrooms
  • 3
  • Managers Bathrooms
  • 2
  • Pet Friendly
  • -
Resort Brokers is proud to offer the management rights and three-bedroom manager's residence of the Victoria’s located in Port Fairy on The Great Ocean Road....
ResortBrokers

Management Rights For Sale
Net Income: -
Managers Estate: -
Complex Units: 33
Letting Pool: 33
Remuneration: $85,200

  • Managers Bedrooms
  • -
  • Managers Bathrooms
  • -
  • Pet Friendly
  • -
ResortBrokers presents an outstanding off the plan 4.5* hotel opportunity in the bustling city centre of Shepparton, the heart of one of Victoria's fastest growing...
Exclusive
MR Sales

Management Rights For Sale, Resort For Sale
Net Income: $154,938
Managers Estate: $575,000
Complex Units: 15
Letting Pool: 14
Remuneration:

  • Managers Bedrooms
  • 3
  • Managers Bathrooms
  • 2
  • Pet Friendly
  • -
Victoria Management Rights for Sale Seize the Opportunity to Thrive in Picturesque Paradise Unlock a golden opportunity to own a premier management rights...
Exclusive
Onsite Management Rights

Management Rights For Sale
Net Income: -
Managers Estate: -
Complex Units: 114
Letting Pool: -
Remuneration: $172,028

  • Managers Bedrooms
  • -
  • Managers Bathrooms
  • -
  • Pet Friendly
  • -
• Caretaking only • No property to buy • Total units 114 • High body Corporate salary over $172K with 5% increase p.a. • No estate licence required

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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