Featured Listings
Permanent Managment Rights for Sale
Well-maintained secure complex close to Harbour Town and Runaway Bay Shopping centres. Public transport on your doorstep. For more details Call Barry to book your inspection.
Management Rights Gold Coast For Sale - Gold Coast
This Management Rights has a featured entry and which has units surrounded by a large lagoon. There is a Floodlit Full Court Tennis Court. Over 90% of the income is made...Read More→
Investment Property in Coombabah
Investment Property in a well managed complex in Coombabah on the Gold Coast. 3 Bedroom Townhouses Rents from $650 to $700/week
Permanent Gold Coast Management Rights for Sale
This Gold Coast Management Rights for sale has some potential to improve the bottom line. Increasing Rents Outside Agents (Townhouses not in the Managers letting pool) Obtain full Real Estate Liscense...Read More→
Gold Coast Management Rights for Sale Southport
Permanent Gold Coast Management Rights for Sale Southport. This building first time on the market after 5 years with new Caretaking and Letting agreement in July 2023. No Office Hours Body...Read More→
Location Location Location Gold Coast Management Rights for Sale Currumbin
LOCATION LOCATION LOCATION Gold Coast Management Rights for Sale in Currumbin. Absolute Beach Front Holiday Resort. Cycleway/ Pathway for those early morning rides/walks along the beachfront. Beach feel and close to...Read More→
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”. Management Rights businesses involve caretaking/managing the common property and Letting (renting) of units (Apartments/Townhouses/ Houses/Villas) within the complex/building. The Unit Contract and the Business Contract must be completed Contemporaneously. As the buyer (Resident Manager) you are agreeing to do the caretaking of the common property (sweeping, weeding gardens, mowing, managing the swimming pool, etc.) and you receive Remuneration from 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. You must obtain a “Resident Letting Agent” License to allow you to manage rentals within the scheme. Some buyers also get their Full Real Estate License or a Real Estate Sales License to allow them to sell units within their complex. Using an Accountant, Lawyer, Financier, or 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 before and during the contractual stages. Choosing to use professionals not recognised in the industry can lead to increased costs, more complications or even a loss of the contract. You must check that your bank or finance lender recognises them, otherwise, you may be up for extra costs to repeat the Legal and Accounting Due diligence by professionals the bank recognises.
Different Management Rights?
Short-Term or Holiday Letting, Short-Term or Corporate Letting, Long-Term Permanent Letting, Student letting and combinations.
Call Management Rights Agents to find out more about our Featured Management Rights Listings