News & Info

Latest commercial property news

Management rights valuations – highest ever!

by Chris Novak - Nova House Realty 26th February, 2018

It is a topic that comes up in conversations with management rights owners very frequently; and understandably so, as a great deal of individual or family wealth can be tied up in this asset.   There [...]

12 Reasons to Buy

by Andrew Morgan 20th February, 2018

There are many reasons why a large majority of people buying motels today have been in the accommodation industry before.  Many of the benefits of owning a motel are what keep people coming back to the [...]

WILL THE VACANCY FEE FOR FOREIGN OWNERS HAVE AN IMPACT ON SHORT TERM MANAGEMENT RIGHTS?

by Col Myers 20th February, 2018

Following a series of amendments in November 2017, foreign owners who have applied for FIRB approval after the 9th May 2017 may be liable for a “vacancy fee” where their residential properties are [...]

Debt is Good, Or Is it?

by Mike Phipps 20th February, 2018

I have written previously about interest only finance and particularly the pros and cons of such a strategy. Setting aside the current pressure on lenders to restrict interest only funding I think it’s worth [...]

Aria Hotel sale caps off strong year for stand-out Canberra market

by Natasha Pierson - CBRE 08th February, 2018

Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation&rsq [...]

New Managers Spotlight

by Rosie Clarke 07th February, 2018

Silverpoint, Main Beach   Narelle Filmer, from First National, Think Management Rights, would like to introduce Panayota Thomas as the new manager of Silverpoint in Main Beach.   Panayota has [...]

Personal thoughts on hospitality

by Graham Vercoe, Resort News Reporter 31st January, 2018

As editor emeritus of this wonderful magazine I have spent the first two years of my retirement visiting all the places I desire strictly for enjoyment. The best bit is that I get to do it as a guest rather [...]

Prepare for your sale well in advance…

by John Mahoney, Mahoneys 11th January, 2018

As I have said in previous Resort News articles, and at the risk of stating what to many might seem obvious, the most important piece of advice I can give potential sellers of a management rights business is to [...]

How to hit the market with a saleable business…

by Lyn Pearsall, MR Sales 11th January, 2018

After attending the recent ARAMA Management Rights Industry Expos and listening to expert panelists on the Gold Coast, Sunshine Coast and in Brisbane, the overwhelming message to managers wishing to sell in [...]

Maximising your sale price

by Paul Gaffney, The MBA Partnership 11th January, 2018

When the time comes to sell your management rights business, there are a number of things you can do to help maximise your sale price and ensure a smooth sales process.   Review your letting authorities [...]