Ras360 is pleased to present an established business-only management rights opportunity in the sought-after suburb of Sherwood. Completed in 2024, Zen Sherwood is a modern boutique complex comprising 28 units, with 25 owner-occupiers and only three units managed by outside agents.
The business is supported by a Body Corporate salary and verified net profit of $50,685 per annum, with approximately 23 years remaining on the Accommodation Module agreement. There is no manager’s unit to purchase, no letting pool, no trust account administration, no requirement to live onsite and no set office hours.
With no common facilities to maintain and a straightforward operational structure, this opportunity is well suited to an existing operator seeking an additional income stream or a new entrant looking for a manageable introduction to the management rights industry. The business is offered at $270,000, representing an attractive return of approximately 18.77%.
**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights**
