At any given time there are more than 200 management rights for sale on the Gold Coast, and a plethora of resort brokers situated locally to service the vendors.
The Gold Coast has been known as a hub of management rights for many decades as industry main-players, including management rights specialists, financial advisors, and resort brokers, set about the business of matching buyers and sellers
Hotel development has been a hallmark of the Gold Coast since the 1920s, when sites like the wold-renowned Surfers Paradise Hotel lit up the ‘Glitter Strip’. The 1950s gave vacationing Aussies and Gold Coast residents the option to experience the high life, when the coast’s tallest building was built in 1956 - a five-storey Broadbeach hotel block called Lennons Hotel.
It wasn’t until the iconic building boom happened in the 70s and 80s that the Gold Coast really became the bustling high rise, beachside metropolis that we recognise today. With more than 1200 management rights existing on the Gold Coast at any given moment; there is a large volume of apartments and resorts scattered across the Gold Coast region from Tweed to Coomera.
This equates to more than 60,000 units under management. Management rights is almost synonymous with ‘the Gold Coast’ for many people because of this; ‘mum and dad’ management teams are a main-stay in so many accommodation properties. Of course, these ‘mum and dad’ teams come in many shapes and sizes, from couples to families, singles or partners, as the term has evolved over the last few decades.
Perhaps it’s the mix of location and property concentration that makes the Gold Coast such a popular place to buy and sell management rights. The qualities that make it an ideal place to holiday are also things that attract new managers: tropical beachside living, city nightlife, the near-exclusive blend of business and leisure. This isn’t just because of occupancy levels but also because it makes the area a great place to live and work. The flexible appeal of the Gold Coast is one that suits many different types of property managers and this is reflected in the many different types of accommodation property that can be found in the city and its surrounding coastal suburbs.
Brokers and management rights specialists are plentiful on the Gold Coast because of the vast concentration of management rights owners, buyers and sellers there are at any given moment. These firms will likely be familiar to anyone with so much as a passing interest in management rights because many of them have been a staple in the industry since the very beginning and their prominence certainly reflects the crucial impact of management rights on Gold Coast tourism and the local economy.
Among the property brokers servicing the area, you will find MR Sales, Resort Brokers, CRE Brokers, Accommodation Business Brokers, RAAS Group, Think Management Rights, Liz Lavender, Property Bridge, and Next Realty.
If you are looking to buy Management Rights on the Gold Coast, please scroll down for the current available Management rights for sale.
The Gold Coast is a metropolitan region to the south of Brisbane on Australia’s east coast. Famous for its long sandy beaches, surfing breaks and elaborate system of inland canals and waterways, the Gold Coast remains one of the most popular tourist destinations in Australia. From theme parks such as Dreamworld, Movie World, Sea World and Wet’n’Wild, to shopping centres and restaurants; the Gold Coast offers something for everyone. Inland, hiking trails crisscross Lamington National Park’s mountain ridges and valleys, home to rare birds and rainforest.
Gold Coast management rights for sale can range anywhere from a small apartment complex, to a major high-rise, to a sprawling family resort. Those looking at management rights for sale will quickly find there is a resort broker to suit every need and every type of manager. There is definitely something for everyone on the Gold Coast, and that more than extends to the management rights on offer in this region.
Net Income: $172,000
Managers Estate: $2,260,000
Complex Units: 23
Letting Pool: -