About Management Rights

What are Management Rights?

Management Rights originated on the Gold Coast, Queensland, Australia back in the mid 1970's. The system of Management Rights has proven to be so successfull that there are very few large developments in Queensland, Australia, which do not have Management Rights in place.

A Mooloolaba Management Rights business includes three basic elements:

1 The ownership of a lot in a community titles scheme, ie the managers unit

2 The caretaking of the common property

3 The onsite letting of units within the community titles scheme.

People choose to invest in Management Rights for many reasons such as investment return and lifestyle improvement with home and business in the one location.

The returns from Management Rights are easily identifiable which gives many purchasers new to the industry peace of mind that cannot be found in many other businesses.

The operations of Management Rights can be applied to all styles of property developments from the tradional unit and townhouse to corporate letting and student accommodation.

Types of Management Rights are either permanent letting, holiday letting or short term corporate letting.

When purchasing Mangement Rights it is important you employ accountants and solicitors who specialise in Management Rights.

Most major bank finance Management Rights purchases, it is again important to speak with the specialist within the bank.

If you are not sure which bank is most suitable for you, you can arrange finance via a Management Rights finance broker to assess the options available.

Management Rights are one of the very rare business types where a bank will lend against goodwill. you will find most banks will lend a minimum of 60% of the total purchase.

Kapitol Brokers interact with all of the other parties who will be involved with your Management Rights transaction including accountants, solicitors, bank representatives/financiers, body corporate managers and government licencing depts.

Kapitol Brokers can provide you with a list of industry specialists so you can make an informed choice of which parties you are comfortable in dealing with.

A comprehensive look at Mooloolaba Management Rights is available by contacting your Kapitol Brokers agent or contacting head office direct.

email your request to sales@kapitolbrokers.com.au

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