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QRAMA was formed in 1991, following concerns amongst management rights
owners about legal challenges to the status and operation of management
rights.
From this defensive beginning,
ARAMA
has developed a wider role within the industry with positive input to the
various developments and problems that come with multi-unit living and
ownership of property in community management schemes.
ARAMA has 900 members in branches on
the Gold Coast, Brisbane, Sunshine Coast, Wide Bay, Whitsundays, Cairns and
Port Douglas.
ARAMA members manage over 43,000 units
with a property value in excess of $12 billion. Some members manage
buildings for holiday letting, others manage permanent rental buildings and
some have buildings that have a mixture of holiday and permanent letting.
The holiday letting businesses managed
by ARAMA members generate over $330 million revenue annually, making a
significant contribution to employment and the local economy. In addition,
long term letting businesses managed by ARAMA members have total revenue of
$290 million annually.
Resident managers are typically a
couple who may operate the building themselves or who may engage casual or
permanent staff to work for them. Some larger buildings may operate under a
company structure with a larger staff.
Complexes may have ten units or several
hundred units.
ARAMA was founded as an incorporated
body to represent members at a range of industry forums and to present a
collective and considered policy on behalf of resident managers.
The State Management Committee of
ARAMA
continues to plan for the future of the association and its members. |