by Amanda Clarke
28th March, 2018
Introducing: Property Bridge
Property Bridge is an industry leader, specialising in management rights and resort sales within the Gold Coast and Brisbane. This is a business broker firm that strongly contributes to the stable growth of the industry as a team of trusted professionals that can be consulted to help buy or sell your business.
The boutique firm of Property Bridge has a formidable aggregate management rights experience of over 45 years. There is simply no substitute for experience in this industry when it is paramount to successfully navigating the requirements of multiple stakeholders in the buying and selling process.
The importance of building a trusting relationship is this broker’s biggest selling point and their firm’s guiding principle is: “Always passionate, committed and professional, you can trust the team at Property Bridge”.
Managing director Darren Brent told us: “Clients look to Property Bridge first because, above all, they understand the importance of honesty and integrity. With this comes sustainable business relationships where clients can put their trust in us when buying or selling management rights, resorts or motels.
“We are widely recognised as one of the most enthusiastic and dedicated business broking firms in the industry; well respected by specialist professionals including financiers, accountants, lawyers, valuers, body corporate managers and consultants.”
Property Bridge is a strong corporate supporter of ARAMA (Australian Resident Accommodation Manager’s Association) and REIQ (Real Estate Institute of Queensland) and participates in numerous industry focussed forums, making sure it is well informed of challenges and opportunities on the horizon.
Offering a premier business network, Property Bridge has a strong community profile, particularly within the Gold Coast and Brisbane markets.
Darren stated: “We are adept at sourcing qualified buyers, and often sought out by vendors eager to have their business discreetly ‘silently’ listed with the confidence we will quickly deliver results. We also have an enviable portfolio of specialist resources at our disposal to nurture off-the-plan developments.”
This team promises passion, commitment, professionalism and most importantly, a commitment that they can be trusted. Darren added: “Engaging the management rights industry is one of our core strengths as demonstrated by partnering with some of the industry’s most respected professionals in presenting our tailored seminars.
“Furthermore, we provide intending purchasers with bespoke services, including consultation, updates on market conditions and thereafter unparalleled post settlement guidance to ensure they receive any expert support they may require.”
Introducing the team…
One of Property Bridge’s most respected, high profile management rights and resort brokers, Bobo told us: “Hello, I am the sales director and co-founder of Property Bridge. I’m originally from China, subsequently took up residency in New Zealand in 2000 where I graduated at Auckland University of Technology and finally relocated to Australia in 2007. I have enjoyed living and working here ever since.
“Prominent in the Gold Coast and Brisbane markets, I have access to a quality pool of business connections which form the foundation of our thriving business, offering both sellers and buyers a comprehensive and professional resource, while also offering a cultural bridge where needed.
“I was employed as sales executive specialising in management rights sales for several years with a premier long-standing management rights brokerage firm based on the Gold Coast. During this time, I established myself as a high performer and gained an enviable reputation for my dedication and tenacity.
“While always seeking to contribute to the growth, stability and knowledge base of the industry, as a board member, of the Australian Resident Accommodation Manager’s Association (ARAMA), member of the REIQ (Real Estate Institute of Queensland) and Gold Coast Tourism, my pro bono assistance is often sought and gratefully received by industry members.
“A close association with the industry’s leading specialists, coupled with my previous business experience and ownership of a prominent management rights business on the Gold Coast, gives me an intuitive edge when brokering sales within the industry.”
Rhonda is an accomplished and experienced management rights consultant who brings a strategic, yet personable approach to the buying and selling process.
She said: “I was introduced to the industry at an early age and I have been selling management rights since 2005. I have built a reputation for my proven ability to listen to clients’ needs, guiding buyers to their dream business and assisting sellers to a smooth, stress free settlement.
“I always put integrity first, and I have enjoyed the trust and loyalty of repeat buyers and sellers and maintained long standing associations with many respected industry professionals. My knowledge of locations, value, property types, pricing, building styles and exceptional understanding of the market stems from long term involvement, sincere interest and perspective gained from the personal experience of having owned and operated five management rights businesses and assisting property developers establish new management rights since the early 1980s.
“I have a Bachelor of Arts degree, a Certificate IV in real estate, a Certificate IV in body corporate management and has been a licensed real estate agent since 1986. I also co-ordinated the first management rights training course for GCIT, Queensland and was a course presenter at the TAFE and REIQ courses and industry seminars for several years.”
Darren is the principal, co-founder and managing director of Property Bridge. He said: “Management rights and resort sales is my passion! Prior to my direct involvement with the management rights and resort industry, I worked in senior expatriate roles with multinational companies across the property and financial sectors. However, returning to Queensland was always going to happen because in my view, this state has the ultimate in work and lifestyle opportunities.”
Licenced in Queensland and based on the Gold Coast, Darren’s sales executive team is held in high regard across the Gold Coast and Brisbane markets. With strong corporate business connections, Darren leads from the front and enjoys growing the business through the enabling of unrivalled trust and service that is fostered across a loyal client base.
As a member of the Australian Resident Accommodation Manager’s Association (ARAMA) and REIQ (Real Estate Institute of Queensland), Darren is a regular contributor in support of the industry. Working closely with the best of the industries professionals, Darren has access to a wealth of expertise at the highest levels within the finance, valuation, accounting, law, body corporate and consultancy sectors
Always intent on ensuring local business thrives and receives the support it deserves, Darren is a Board member of the Southport Chamber of Commerce & Industry in addition to being a committee member of the Gold Coast Central Chamber of Commerce.
Prior to establishing the Property Bridge agency, Darren owned and managed a prominent management rights business on the Gold Coast.
He has a wealth of experience at senior management and director levels within the corporate, property, financial and hospitality sectors, including responsibility for the risk profile of a multi-billion-dollar residential portfolio.
Having been in leadership positions across these business sectors within China, New Zealand, the Pacific and Australia, including committee responsibilities with the Australian Chamber of Commerce in Shanghai, Darren has a solid understanding of what it takes to acquire and operate a successful management rights and resort business.
Darren’s industry tips…
Management rights contracts are subject to legal due diligence provisions and specialist management rights lawyers are vital parties for both the sale and purchase of any management rights business. You will no doubt continually find articles written by management rights industry professionals whereby it is stressed that you only avail yourself of the services of lawyers who are experts in this field. There are very good reasons for this recommendation.
A specialist management rights lawyer knows what to look for and how to rectify issues rather than have the contract fall over and the sales process start all over again. Ask experienced professionals in the management rights industry and they will be able to provide you with a portfolio of industry lawyers, with excellent reputations for service to clients and for the competence of its partners and staff.
Specialist management rights legal services include:
- - Acting in the sale and purchase of management rights.
- - Developing strategies to approach bodies corporate regarding new agreements or extensions.
- - Attending body corporate meetings.
- - Dispute resolution. Either informally through negotiation or through the body corporate commissioner’s office
- - Preparing letting appointments or special conditions.
Darren stressed: “In summary, protect your investment and engage a trusted industry professional.”
The industry outlook according to Darren…
We see the management rights industry, particularly in South East Queensland, as being extremely well placed to capitalise on the Commonwealth Games legacy given the extraordinary world-wide focus on our beautiful cities and lifestyle opportunities. A television audience of 1.5 billion people, 3500 accredited media on the ground and over one million ticketed spectators certainly provides a wonderful global profile.
Graham Stott, Spindrift On The Beach, Mermaid Beach
“I had the pleasure of dealing with Rhonda Perkins who was the selling agent when I purchased the management rights to Spindrift on the Beach and cannot recommend her highly enough as a specialist management rights agent who really knows and understands the business.
Rhonda also possesses outstanding personal and professional qualities, in particular a high level of communication skills and diligence down to the detail that ensured all of our queries and concerns during the sales process were quickly corresponded and resolved.
I have bought and sold a number of management rights businesses over my 20 years, and it is hard to find someone who has the experience, knowledge, drive and work ethic for this profession as Rhonda does, who has this and more.”
Diane and Trudy McIntosh, Seacrest Apartments, Surfers Paradise
“We would like to let you know how happy we were with the exceptional service we received from Bobo Qi during the recent sale of our management rights at Seacrest Apartments, Surfers Paradise.
She is a true professional and a great asset to the industry. We did have a few extensions and difficult times during the sale of our management rights and she dealt with every situation with confidence. She kept us informed every step of the way during our sale which was truly appreciated and lessened our stress.
We do miss our daily phone calls and updates from Bobo. After we settled I actually called to just to say hello and to keep in contact! We have no hesitation in recommending Bobo Qi for her knowledge, ability and experience in the industry.”