Management Rights for Sale Australia

Management Rights Search

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.

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Our Current Management Rights for Sale are:

Showing 25 - 36 of 598

Permanent Complex Close to Gold Coast Hospital and University Precinct!!!

LABRADOR$795,000

Management Rights
Net Income: $75,000
Managers Estate: $465,000
Complex Units: 21
Letting Pool: 17
Remuneration: $31,400

Managers Bedrooms
-

Managers Bathrooms
-

Pet Friendly
-

Business For Sale - Central Gold Coast Permanent Complex - ID 8929 BL

MERRIMAC$1,335,000

Management Rights
Net Income: -
Managers Estate: $375,000
Complex Units: 75
Letting Pool: 37
Remuneration: $116,595

Managers Bedrooms
2

Managers Bathrooms
1

Pet Friendly
y

CURRIMUNDI$925,000

Management Rights
Net Income: $105,000
Managers Estate: $485,000
Complex Units: 53
Letting Pool: 21
Remuneration: $65,776

Managers Bedrooms
3

Managers Bathrooms
2

Pet Friendly
y

Great lifestyle - Great Location! - Great income

Exclusive

BANORA POINT$885,000

Management Rights, Property/Real Estate
Net Income: $100,000
Managers Estate: $435,000
Complex Units: 54
Letting Pool: 17
Remuneration: $58,000