Letting Agreement Options
Maximise Your Return Potential with Minor Hotels: Discover Owner Letting Options
Minor Hotels offers Queen’s Wharf Residences (QWR) owners three tailored letting agreements, each designed to suit different investment goals. Among these, the Bundled Revenue Share Agreement stands out as the most rewarding option, leveraging Minor Hotels’ proven expertise to deliver exceptional returns and peace of mind.
1. Bundled Revenue Share Agreement: High Returns + Furniture Package Included
Value of furniture pack inclusion
1 bedroom from $29,000
2 bedroom from $42,000
3 bedroom from $61,000
The Bundled Revenue Share Agreement uniquely combines Minor Hotels’ expertise with financial flexibility, ensuring you reap the rewards of high-performance property management. This option optimises returns by tapping into Minor’s market-leading strategies and robust distribution networks, providing the highest potential returns for owners alongside a guaranteed base return for peace of mind.
Key benefits include
- Ownership of Full Turn Key Furniture Package: Part of this letting agreement is ownership of a custom-made furniture package designed specifically by our international team for QWR owners. From day one this comprehensively equipped package is yours with no upfront cost. (subject to Furniture Deed terms).
- Revenue Sharing: Owners and Minor Hotels share the revenue generated from building operations, capitalising on Minor’s extensive distribution network.
- Guaranteed Income: A 24-month guaranteed return aligned with the permanent rental market offers financial stability and confidence.
- No Upfront Costs: Owners enjoy flexibility with no upfront fees. The ability to terminate with agreement is with just 30 days’ notice (subject to Furniture Deed terms).
- Expert Management: Benefit from Minor Hotels’ unparalleled experience in managing short-stay operations while maintaining the building’s high standards.
2. Leaseback: Stability and Hassle-Free Management
The Leaseback option provides a consistent and reliable return year-round paid monthly.
Key benefits include
- Fixed Rent: Rent is aligned with the permanent rental market, ensuring predictable income with no vacancy periods.
- Full Turn Key Furniture Package: It is a requirement that the owner purchases the custom-made furniture package designed specifically for Queen’s Wharf Residences.
- Property Maintenance: Apartments are cleaned and maintained to premium standards, with furniture owned outright by the owner.
- Long-Term Security: A guaranteed 2-year lease term with Minor Hotels as the tenant ensures peace of mind.
3. Long-Term Letting: A Traditional Rental Approach
Key benefits include
- Competitive Fees: Letting fees are highly competitive, and Queen’s Wharf owners receive additional perks, including a complimentary photo package, REA advertising, and half-priced fees for the first letting.
- Flexible Lease Terms: Lease terms are negotiated directly with tenants to suit your needs.
- No Furniture Pack Required: The QWR will be rented unfurnished.