AED 166,400,000
AED 166,400,000
For Sale: Profitable Industrial Land with Shed and Office in Ras Al Khor Industrial Area Ras Al Khor Industrial
Facts
Reference MAK PP 4135
Added On 30-Apr-2024
Type Land
Offer Type For Sale
Size 2,000 Sq. Ft.
Description
Property Details:nProperty Type: Industrial Land with Shed Office (Independent)nLocation: Ras Al Khor Industrial AreanDeal Type: SalenOwnership Type: Leasehold Property Renewal Every YearnnPlot Details:nPlot Area: 17,000 SqftnBuilt-up Area: 2,000 Sqft ApproxnPower: 20 kWnnSelling Information:nSelling Price: AED 3,200,000/- (Net to Owner)nCurrent Market Rent: AED 450,000 Per YearnCurrent Land Lease: AED 63,300 Per YearnNet Income: AED 386,700 Per YearnROI: 12%nVAT: 5% of Selling Price (if applicable), Paid by BuyernTransfer Charge: Approx. AED 50,000 - AED 100,000nAdmin Fees: As ApplicablenSecurity Deposit: As ApplicablenAgency Fees: 2% of Selling PricennUsage:nIndustrialnCommercialnStoragennThis rented 17,000 sqft industrial land with a shed office in Ras Al Khor Industrial Area presents an attractive investment opportunity. With leasehold ownership and renewal every year, this property offers a stable rental income and a healthy return on investment (ROI) of 12%. Suitable for industrial, commercial, or storage purposes, this property is well-suited to cater to diverse business requirements.nnFor more information or to arrange a viewing, please contact us. Serious inquiries are appreciated.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.
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