+61 412 707 173 david@mragents.com.au

Featured Management Rights Listings

Carrara Management Rights Combined Sale

Id 1800 Carrara Management Rights Combined Sale Business Summary Price: Make an Offer Managers Accommodation Price: 2 Lots Four Bedroom Apartment...Read More→

73
POA

Carrara Management Rights Sale

Id 1700 Carrara Management Rights Sale Business Summary Price: 630,000 Managers Accommodation Price: $430,000 Nett Profit: 50,000 (No repairs and maintenance...Read More→

322
$630,000

Permanent Management Rights Currumbin Waters

Id 1066 Permanent Management Rights Currumbin Waters Business Summary Price: $1,660,000 Managers Accommodation Price: $500,000 Nett Profit: $205,000 BC Remuneration:...Read More→

323
$1,660,000

Burleigh Permanent Management Rights Sale

Id 1200 Burleigh Permanent Management Rights Sale Business Summary Price: $885,000 Managers Accommodation Price: $385,000 Nett Profit: $107,000 BC Remuneration:...Read More→

323
$885,000

Permanent Management Rights Sale Southport

Id 2024 Permanent Management Rights Sale Southport Business Summary Price: $1,695,000 Managers Accommodation Price: $550,000 Nett Profit: $210,000 BC Remuneration:...Read More→

322
$1,695,000
More Featured Properties Click Here

What are Management Rights?

Management Rights is the business of managing a strata (Hi-Rise, Townhouses, 3-storey walk-up) complex with the purchase of a “managers” unit/residence and a “business”. The business involves caretaking/managing of the common property and letting of units (Apartments/Townhouses/ Houses/Villas).

The Unit Contract and the Business Contract must be completed Contemporaneously.  As the buyer (Resident Managers) you are agreeing to do the caretaking of the common property (sweeping, weeding gardens, mowing, managing the swimming pool, etc.) and you receive Remuneration by the Body Corporate (often called the Body Corporate Salary) usually monthly in arrears.

Letting rights

The Letting Agreement allows the buyer to let the units/townhouses within the complex and you must obtain a “Resident Letting Agent” License to allow you to manage rentals within the scheme. Some buyers also obtain their Full Real Estate License or a Real Estate Sales License to enable them to sell units with in their complex.

Using Accountant, Lawyer, Financier, Banker with Management Rights Experience (Management Rights Professional)

is essential as the Management Rights industry is very specialised. We stress that it is of the utmost importance you use Management Rights experienced professionals to ensure you get the best advice prior to and during the contractual stages. Choosing to use professionals who are not recognised in the industry can lead to increased costs, more complications or even a loss of the contract. You must check that you bank or finance lender recognises them, otherwise you maybe up for extra to repeat the legal, accounting due indigence by professionals the bank recognise.

Different Management Rights?

Short Term or Holiday Letting, Short Term or Corporate Letting, Long Term Permanent Letting, Student letting and mixes of these.

Call Management Rights Agents to find out more Featured Management Rights Listings

The following Testimonials are Reasons Why you should use Management Rights Agents

“Considering getting into Management Rights then I can highly recommend David Manson. I have known David for many years now and have had to call on his expertise in the industry many times. He has assisted me in both the purchasing and selling side of the business. I’ve dealt with many agents in the industry and there are none more ethical and helpful than David. When I first was shopping to get into the industry David was a breath of fresh air and went out of his way to assist me with shopping for the right business for me. Keep up the excellent work David !”

Gary

Manager

David worked really hard to find us the ideal complex , Finally settling in a Surfers Paradise Management Rights Resort

Graham

Holiday Manager

David worked hard with both us and the vendor to ensure that we were able to buy the management rights business of our dreams

Mark and Diane

Managers

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Why Management Rights Experts?

The purchase of Management Rights can be a complex process which requires a significant investment of your time and money. It is therefore vital that you engage relevant industry experts to guide you through the stages and ensure a smooth purchase process. Their...

5 Essential Tips Buying Management Rights

Looking to buy a Management Rights? Here are five essential tips for making the process as smooth as possible. 1. Get your finances in order. Start by getting a full picture of your credit. Obtain copies of your credit report. Make sure the facts are correct, and fix...

What are Management Rights?

What are Management Rights? (Click on the link to watch a video) the business of managing a strata (Hi-Rise, Townhouses, 3-storey walk-up)  complex with the purchase of a “managers” unit/residence and  2 business contracts caretaking/managing of the common property...