Apartment Owner Management Options
This form of letting is the most popular way of renting your investment unit. The concept of holiday letting is to offer a resort experience to holidaying guests, with the convenience of a fully self-contained serviced apartment. Under this letting model, your monthly income is not fixed and will fluctuate throughout market seasons. The owner receives all income after the deduction of general fees and expenses. This is the most flexible way of renting your investment unit and allows maximum owner use to enjoy family holidays.
This is a combination of Permanent Letting and Holiday Letting, it provides the best of both worlds and really maximizes your return. Split Letting has proven to be a great option for many investors as it offers an attractive return on your investment property throughout the high season, consistent monthly returns throughout the winter months and the added benefit of having access to enjoy your apartment between tenancies.
This agreement style provides for a fixed income payable to the owner on a monthly basis for the term of the agreement, no matter what income the Manager might earn from subletting your property. Under a fixed return agreement you will receive regular monthly income from a tenant that is a financially strong company with significant assets and cash flow. The tenant is part of Mantra Hotels, one of the leading marketers and managers of hotels, resorts and retreats in Australia and New Zealand.
Permanent Property Management
Mantra Hotels leads the way in Australian hotel and resort operations and now offers a premium ‘Residences’ product throughout Art Series, Pepper, Mantra and BreakFree properties, for long stay guests seeking inner city apartment living. Long stay guests enjoy capitalising on the hotel-styled services offered at properties managed by Mantra Hotels whilst owners benefit from the security of fixed returns. Therefore, adapting to market trends and the needs of our unit owners, Mantra Hotels employs a centralised permanent property management team. This team is dedicated to ensuring legislative requirements are met and that each owner’s physical asset is highly maintained.
If you would like to discuss our management options further, please speak with your appointed Mantra Realty sales agent or contact our dedicated Owner Relations Team via our contact form or email firstname.lastname@example.org. You can also call us toll free on 1300 559 232.