Key Investment Insights
AI generated. Confirm details with the seller.
1. Established business-only management rights for Zen Sherwood, a modern boutique 28‑unit complex completed in 2024, located in the city fringe suburb of Sherwood.
2. Net profit and Body Corporate remuneration both verified at $50,685 per annum.
3. Long agreement term with approximately 23 years remaining on a 25‑year Accommodation Module agreement.
4. High owner‑occupier mix, 25 of 28 units owner‑occupied, only three units managed by outside agents, indicating low lettings demand.
5. No manager’s unit to purchase, no letting pool, and no trust account administration required, simplifying ownership obligations.
6. No requirement to live onsite and no set office hours, offering flexible operational arrangements.
7. No common facilities to maintain, reducing maintenance workload and associated costs.
8. Business positioned as suitable for an existing operator seeking an additional income stream or a new entrant seeking a manageable introduction to management rights.
9. Offered as business-only at around $270,000 to $275,000, with the listing citing an approximate return of 18.77%.
10. Straightforward operational structure and minimal day-to-day responsibilities, supporting lower operational complexity and easier handover.
