Management Rights
Last reviewed 13 June 2026 by Nick Lim, finance broker (FBAA).
Management Rights is the business of running the caretaking and letting of a strata, resort or accommodation complex, where the operator earns ongoing fees under a long-term agreement and usually owns or occupies an on-site manager's unit. The model is most common in Queensland, where caretaking agreements can run for decades under the Body Corporate and Community Management Act. Lenders assess both the agreement income and the manager's unit, often through a mix of a commercial property loan and a business loan.
Why Management Rights Matters
Management rights combine a service business with property, so the funding and due diligence are specialised.
- Income from caretaking and letting agreements
- Usually includes an on-site manager's unit
- Agreement term and body corporate relationship drive value
- Assessed on both the business income and the real estate
- Specialised lending, not a standard commercial loan
Common Features of Management Rights
- Caretaking agreement plus a letting authority
- Manager's unit owned or occupied on site
- Fixed agreement term with renewal options
- Income from the body corporate and unit owners
- Concentrated in Queensland resorts and apartment complexes
Official reference: business.gov.au
What are management rights?
The right to run the caretaking and letting of a complex for fees, usually with an on-site manager's unit, sold as a going concern.
How are management rights financed?
Through specialised lending against both the agreement income and the manager's unit, often a commercial property loan plus a business loan.
What drives the value of management rights?
The length and terms of the agreement, the letting pool, and the relationship with the body corporate.
Do I need to live on site?
Most agreements require the operator to occupy the manager's unit, though this varies by complex.
Are management rights a freehold purchase?
The manager's unit can be freehold, but the core asset is the agreement income, not the wider property.