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

Featured Management Rights Listings

Management Rights Sale Caretaking Only

Management Rights Sale Caretaking Only Coomera Id: 2025 Business Summary Price: $733,000 Managers Accommodation Price: $365,000 Nett Profit: $73,550 BC Remuneration:...Read More→

312
$733,000

Management Rights Sale Arundel

Id: 2021 Business Summary Management Rights Business Arundel Price: Offers above $1,950,000 Managers Accommodation Price: $390,000 Nett Profit: $284,000 BC Remuneration:...Read More→

32
Offers Above $1,950,000

Darwin Management Rights

Darwin Management Rights Excellent opportunity to manage from afar and still earn 14-15% Id 2020 Management Rights Business Summary Price: $1,095,000...Read More→

32

Permanent Management Rights Coomera

Id: 2011 Permanent Management Rights Business Summary Price: 1.69Million Managers Accommodation Price: $ 365,000 and $345,000 Nett Profit: $225,000 BC...Read More→

312
$1,609,000

2 Management Rights (without Apartment) sold as a single business

Caretaking and Letting only Management Rights. 2 Management Rights (without Apartment) sold as a single business. Income $141,687 Body Corporate Remuneration $64,464

Sold
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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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