Recognise quality properties in fundamentally strong accommodation markets, where you can buy at a very attractive price, hold and, drive the business and, potentially achieve very strong returns down the track.
Given the robust returns delivered by management rights, and the recent growth in development of quality residential and mixed-use apartment projects in prime locations, it’s not surprising to see opportunistic approaches made by operators hoping to secure properties prior to completion.
Star Rating Australia accreditation acts as a valuable measure that provides clarity in the agreements struck between accommodation property owners and leasehold operators