The record sale by Resort Brokers Australia of the $600m ‘FV’ by Gurner management rights to Mantra Group has capped a run of chart-topping sales for the growing national accommodation property specialist.
With 970 apartments plus commercial and leisure facilities spanning three landmark towers underway by Gurner in Brisbane’s Fortitude Valley, FV is the largest management rights ever sold off-the-plan in Australia.
The sale was handled by Resort Brokers’ national sales manager, Trudy Crooks, and her brother, off-the-plan specialist, Tim Crooks. They said it was an outstanding result and a win-win-win for everyone, particularly for FV apartment owners who will have such a quality, experienced operator at the helm.
For Resort Brokers, it continues a run of record-breaking sales and builds on an impressive sales tally across the accommodation property spectrum. Already this financial year, the agency has settled close to 140 sales worth a total of almost $215 million.
“We are finding the market is very strong at the moment, reflected in our record transaction levels,” Trudy Crooks said. “Demand is healthy and sellers are reaping the rewards.”