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After months of searching for Management Rights that we were looking for with other agents, we meet Glenn Millar from Resort Brokers who assisted us w..

Wayne & Diane McDonald

MYUNA HOLIDAY APARTMENTS

Resources

Because Resort Brokers Australia specialises exclusively in tourism and hospitality businesses and properties, we are uniquely placed to offer buyers sound, professional advice based on extensive market experience.

Buying an accommodation or hospitality business or property may not suit everyone. Your success in this venture will depend on your skill, knowledge of the industry (or willingness to learn) and understanding of your market. That said, it is a sector offering investors tremendous potential for high returns and solid growth, and operators a lifestyle that combines business and pleasure, home and work.

Our promise to buyers is to provide the highest possible standard of service and comprehensive quality information on which to base your purchase decision. This includes expert assistance with demographic and market information that may influence your trading and growth prospects.

Further, we stress the importance of dealing through proven experts in this sector, professionals with direct expertise and a strong track record in the industry. Use the menu to the left to learn more about your options for investment and to identify experienced specialists in fields including finance, accounting and legal consultants.

When you consider the various investment models explained here, you will also need to consider financial resources. While individual circumstances vary, as a rule of thumb, lending institutions will generally fund towards the purchase of a motel, up to 70% of the freehold value and 50% of the leasehold value, and for management rights up to 80% of the unit value and between 50%-60% of the business value. This is of course dependent on individual circumstances and it is advisable to speak with your financial institution to confirm your borrowing capacity.

Useful Links


Management Rights

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Management Rights FAQs (80 KB)

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Vendors Questionnaire (3254 KB)

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What are Management Rights (299 KB)


Resources

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Sustainability Declaration Form


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Factsheet on Sustainability Declaration
A sustainability declaration is a compulsory checklist that must be completed by the seller when selling a house, townhouse (class 1a
buildings) or unit (class 2 building) from 1 January 2010.
The declaration will inform buyers about the sustainability features of a property and increase community awareness of the value of such features.
The declaration identifies the dwelling’s environmental and social sustainability features in four key areas...


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Management Rights Business Sale Checklist


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Application for resident letting licence


Forum Invites
Glenn and the Team are committed to ongoing development in the management rights industry running three to four management rights forums per annum across our region at no cost to attendees. These are open to resident managers and are in the forum of a catered gourmet luncheon and invited industry specific speakers. Resident Managers wishing to join us at any future functions should drop me a line of contact me on 0412 277 804

Blogs and Articles

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Marketing Equals Sales
Selling according to the oxford dictionary is “the exchange of goods for an agreed sum of money. This process is generally the end product of a marketing process..

It is in this context that in order to gain a sale most often you need to effectively market your product in order to extend the range of potential buyers and gain the required end result.


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The High Costs of Overpriced Marketing
In the heated real estate market of several years ago, it was common to list your property between 10 and 15% percent more than the expected sale price.  This permitted room for your broker to negotiate with the buyer, there were many more around then.

If you adopt this approach today, you'd be lucky to receive any offers. Recently, listings that were priced at or under market value received offers, sometimes multiple offers. Over-priced listings sit on the market unsold.  They become “stale”


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Have you ever wondered how your Management Rights
Business performs compared to your competitors?
MANAGEMENT RIGHTS BENCHMARKING
Survival in today's business climate requires you to spend more time working on your business.

Have you ever wondered how your Management Right business performs compared to your competitors?


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A brand new noosa pitch
Tourism Noosa has appointed George Patterson Y&R Brisbane as its new creative agency after launching a tender to lead a re-invigoration of the brand and its marketing activities.
Tourism Noosa CEO Steve Cooper said current branding was created in 2004 and it was “time to rethink who we are, what we are and the markets we aim to attract”.
“The current branding has served us well,” he said.
“It's been great for the baby boomers, but it's only relevant to our present market.


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For tourism an alluring picture
Market research has found that, far from running out of steam, Noosa's tourism juggernaut is going to become our billion-dollar baby over the next decade.
And one key to keeping the golden nest egg, without throttling the goose, will be to encourage longer stays rather than zeroing in on accommodation expansion.
As well, the report by respected economic firm EMDA, commissioned for Tourism Noosa, has helped show the way forward with the peak promotion body determined to become less reliant on day-trippers by
encouraging more overnight stays.
Tourism Noosa chief executive Steve Cooper said the report


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Holidays the ‘busiest on record’ for Noosa
LOWER interest rates, stabilised petrol prices and sunshine combined to give the Noosa tourism industry its best September holiday season in three years, Tourism Noosa chief Steve Cooper said.
He said while final figures were not yet available, information from accommodation and other businesses suggested a turnaround from last year’s disastrous summer season. There are also positive signs, coming into Christmas.


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Sir Richard upbeat on Coast business
NOOSA investor Sir Richard Branson strongly believes the Sunshine Coast will emerge from the current financial crisis largely unscathed.
The flamboyant British entrepreneur, best known for his Virgin brand of over 360 companies, knows first-hand how hard it is for small businesses to survive. From launching a magazine called Student at age...


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Thinking Outside the Square
I first made contact with Resort Brokers in 1993, when I purchased a motel leasehold in Mackay, Queensland, through our managing director, Ian Crooks. I’ve been part of Ian’s specialist broking team for several years now, but I know what it is to walk in the shoes of an accommodation
business owner.
The motel I bought had been in receivership and was run down. With no worthwhile trading figures to benchmark, I moved my family, including pregnant wife and five year old, to the sub-tropics. It was a challenge to say the least.


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Management Rights Benchmarking
Hav eyou ever wondered how your Management Right business performs compared to your competitors? Are you charging enough for your services? Is your return guests program effective? Management Right benchmarking is a powerful tool that can aid managers in answering these questions.

Disclaimer
Articles listing in this section have been obtained from a number of sources including newspaper, magazine and other sources. They are not necessarily the opinion of Sunshine Coast Management Rights Sales Pty Ltd.
Articles written by the agent are the opinion of the agent and are not necessarily the view of Sunshine Coast Management Rights Sales Pty Ltd.

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