Property Details:nProperty Type: Warehouse with Mezzanine Floor (Independent)nOwnership Type: Leasehold property - Renewal Every YearnLocation: Al QusaisnDeal Type: SalennProperty Specifications:nPlot Area: 10,000 SqftnBuilt-up Size: 7,500 SqftnNumber of Units: 3 NosnHeight: 7 MnPower: 120 kWnnFinancial Details:nSelling Price: AED 3,500,000 /- (Net To Seller)nLand Lease: AED 40,000 /- per yearnRental Income: AED 225,000/- per yearnNet Income: AED 185,000 /- per yearnROI: 5.28%nVAT: 5% of Selling Price (if applicable, Paid by Buyer)nTransfer Fees: AED 30,000 to AED 50,000 (Depends on Property Valuation and DREC)nAdmin Fees: As per DREC, Paid by BuyernSecurity Deposit: As per DREC, Paid by BuyernAgency Fees: 2% of Selling Price, Paid by BuyernnUsage:nCommercial, Industrial, and StoragennAmenities:nInsulationnnDescription:nDiscover an excellent investment opportunity with this rented 7,500 sqft warehouse featuring a mezzanine floor, located in the thriving district of Al Qusais. This independent property, available for sale, presents a lucrative deal with a leasehold ownership structure renewable every year.nnKey Features:n1) Strategic Location: Situated in Al Qusais, the property benefits from a strategic location offering convenient access to key transportation routes, enhancing business efficiency.n2) Versatile Usage: Ideal for commercial, industrial, and storage purposes, the warehouse boasts a plot area of 10,000 sqft and a built-up size of 7,500 sqft.n3) Multiple Units: With three independent units, this property provides flexibility for different business needs or potential rental income streams.n4) Height and Power Capacity: The warehouse features a generous height of 7 meters and a power capacity of 120 kW, accommodating various storage and industrial requirements.n5) Stable Income: Enjoy a steady income with a net income of AED 185,000 per year, offering a solid return on investment (ROI) of 5.28%.nnInvestment Opportunity:nSeize the opportunity to own this well-maintained warehouse with a mezzanine floor, generating stable income in Al Qusais. Contact us for further details and to schedule a site visit. This property is designed to cater to a diverse range of commercial and industrial activities.nnRGESTATE.COM a flagship venture by Riveria Global Group, stands as a trusted and dynamic player in the real estate domain. Committed to excellence, we specialize in connecting individuals and businesses with their ideal properties in Dubai and beyond. Our team of experienced professionals is dedicated to providing personalized and comprehensive real estate solutions, catering to diverse needs and preferences. With a focus on transparency, integrity, and client satisfaction, RGESTATE.COM continues to be a reliable partner for those navigating the vibrant and ever-evolving real estate landscape. Whether buying, selling, or leasing, we strive to make every property journey seamless and rewarding for our valued clients.