Property Id : MAK PP 2719

Property Details: Rented Warehouse for Sale in Al Quoz

Location: Al Quoz

Property Type: Warehouse (Independent)

Deal Type: Sale

Ownership Type: Leasehold (Property Renewal Every Year)

Selling Price: AED 45,000,000 (Net to Owner)

Specifications:
Plot Area: 270,000 Sqft
Built-up Size: 154,722 Sqft (Approx)
Number of Units: 31 Nos
Height: 7 M

Financials:
Rental Income: AED 5,250,000 Per Year
Current Land Lease: AED 970,000 Per Year
Net Income: AED 4,280,000 Per Year
Return on Investment (ROI): 7.13%

Usage:
Commercial Storage and Industrial

Amenities:
Office
Washroom

Additional Information:
An independent warehouse in Al Quoz is available for sale, offering a leasehold ownership with yearly property renewal.
The property spans a substantial plot area of 270,000 sqft, with a built-up size of approximately 154,722 sqft.
The warehouse is comprised of 31 units, each with a height of 7 meters, making it suitable for various commercial storage and industrial purposes.
The selling price is AED 45,000,000, providing a net income of AED 4,280,000 per year and an attractive ROI of 7.13%.
The property is currently rented, generating an annual rental income of AED 5,250,000.
The current land lease is AED 970,000 per year.
Amenities include office space and washroom facilities, ensuring convenience for occupants.

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