management rights

Management Rights are a popular choice for business buyers looking for an ideal location to live, work and play. It presents an ideal opportunity to combine lifestyle with income and security.

In basic terms, when you purchase Managemenet Rights, you are purchasing a unit and an income stream as a live in manager of a large resort complex. You are required to be a caretaker toall the units on behalf of the Body Corporate for which you recieve an indexed salary over a minimum term - upto 25 years - based on the number of units and services that have to be performed. In addition, the letting agent contracts with the individual apartments and units to let our the unit and provide other services for which you are paid a commission of the rental and other fees.

The unique combination of purchasing a residence and the business is what makes Management Rights an attractive lifestyle for many. Often you hear Management Rights referred to as "a business with a home"