Tim Crooks is a Director of New Developments specialising in 'off the plan' management rights sales and plays a key executive role in driving growth of the family business.
For more than a decade, Tim has forged a reputation as arguably Australia’s foremost expert in off-the-plan permanent residential and short-term accommodation management rights and hotels in major apartment projects. His expertise includes the evaluation, set-up, marketing and sale of the business and associated real estate.
Tim consults to and, works closely with, leading developers across Australia, including Art Series Hotels/Deague Group, Gurner, Frasers, Abacus, Golden Age, Aria, Metro Property and Consolidated Properties, playing a critical role in the nation’s expanding and maturing accommodation industry.
In recent years, he has been instrumental in growing the market beyond its traditional Queensland base to NSW and Victoria. The increasing acceptance of the management rights model by the hotel industry has also resulted in Tim’s expertise being sought by hotel operators.
Know-how, experience, energy, and enthusiasm combine to drive Tim’s sales success. High profile sales have included the management rights and associated real estate of many landmarks including Art Series Hotel portfolio consisting of five hotels and two management rights, the three towers by Metro Property in Newstead consisting of 715 apartments and the sale of FV by Gurner, the first Peppers in Brisbane with 918 apartments and 72 hotel rooms making it the largest Off-The-Plan management rights ever sold in Australia.
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ARIA Property has had the pleasure of working with Tim on our 3 most recent projects, VINE, Jardin and Austin. Tim is very knowledgeable in...
Tim Forrester, Managing Director
ARIA PROPERTY GROUP
Tim was a hands-on, approachable agent who provided impeccable service throughout the entire sales process of our large portfolio of management rights. Coupled with his...
Antonia Harriet Thornton, Director
Devcorp Services Pty Ltd
15 Jul 2022
What's Cool In The Accommodation Industry
From luxury brands in bed with high-end hotels, to cryptic ways to pay for your vacation, and new methods to measure your sustainability, Director of New Developments and Hotels Tim Crooks looks at the latest trends in the industry.
04 Mar 2021
Low rental vacancy rate on the Sunshine Coast drives demand for permanent accommodation assets
One of the largest permanent management rights complexes on the Sunshine Coast has been sold for what’s believed to be a record multiplier, with demand for accommodation complexes being driven by extremely low vacancy rates.
23 Feb 2021
Accommodation industry welcomes Victorian Government legislative changes on short-stay operators
New legislation covering the operation of short stay accommodation businesses in Victoria has been passed with amendments which will benefit lot owners and the tourism industry.
27 Oct 2020
Azure Living Portfolio
The management rights to a portfolio of 12 premium properties and a rent roll across the Brisbane metropolitan area has hit the market for the first time with an asking price of $12.5 million.