AED 80,000,000
AED 80,000,000
Profitable Investment: Rented Commercial Building for Sale in Sajja, Sharjah Sajja sharjah Sharjah
Facts
Reference MAK PP 197S
Added On 10-Sep-2024
Category Commercial
Type Bulk units
Offer Type For Sale
Size 124,192 Sq. Ft.
Plot Area 159,934 Sq. Ft.
Description
Property Overview:
• Discover this fully tenanted commercial building in the vibrant Sajja area of Sharjah. Offering a diverse mix of shops, offices, warehouses, and labor accommodations, this property presents a lucrative investment opportunity with a steady rental income stream.
Key Features:
• Prime Location: Situated in the sought-after Sajja district
• Multiple Income Streams: Benefit from rental income from various property types
• Strong Tenant Base: Enjoy a reliable and consistent tenant occupancy
• High ROI: Achieve a substantial return on investment with a 9.25% ROI
• Well-Maintained Building: Features modern amenities and excellent maintenance
Financial Details:
• Selling Price: AED 80,000,000/- (Net to Owner)
• Expected Rental Income: AED 7,400,000/- (As per current market)
• ROI: 9.25%
• VAT: 5% of Selling Price
• Transfer Fees: 4% of Selling Price
• Agency Fees: 2% of Selling Price
Property Specifications:
• Total Plot Size: 159,934 Sqft
• Total Built-up Size: 124,192 Sqft
• Labor Rooms: 207 Units (G + 1)
• Retail Units: 20 Units
• Warehouse Size: 29,000 Sqft (G + M)
• Office Size: 7,360 Sqft
Amenities: Mosque, Kitchen, Pantry, Washroom, Insulated, Sprinkler, Fire Fighting, Fire Alarm, Civil Defense (24/7)
Investment Highlights:
• Stable Rental Income: Benefit from long-term leases and consistent rental payments
• Value Appreciation: Enjoy potential property value growth over time
• Diverse Tenant Mix: Minimize risk by having multiple income sources
• Prime Location: Benefit from the increasing demand for commercial space in Sharjah
• Professional Management: Consider hiring a property management company to optimize returns
To schedule a viewing or learn more about this exceptional investment opportunity, please contact RVRG Real Estate Brokerage. Our experienced agents can provide you with detailed information and assist you in making an informed decision.
• Discover this fully tenanted commercial building in the vibrant Sajja area of Sharjah. Offering a diverse mix of shops, offices, warehouses, and labor accommodations, this property presents a lucrative investment opportunity with a steady rental income stream.
Key Features:
• Prime Location: Situated in the sought-after Sajja district
• Multiple Income Streams: Benefit from rental income from various property types
• Strong Tenant Base: Enjoy a reliable and consistent tenant occupancy
• High ROI: Achieve a substantial return on investment with a 9.25% ROI
• Well-Maintained Building: Features modern amenities and excellent maintenance
Financial Details:
• Selling Price: AED 80,000,000/- (Net to Owner)
• Expected Rental Income: AED 7,400,000/- (As per current market)
• ROI: 9.25%
• VAT: 5% of Selling Price
• Transfer Fees: 4% of Selling Price
• Agency Fees: 2% of Selling Price
Property Specifications:
• Total Plot Size: 159,934 Sqft
• Total Built-up Size: 124,192 Sqft
• Labor Rooms: 207 Units (G + 1)
• Retail Units: 20 Units
• Warehouse Size: 29,000 Sqft (G + M)
• Office Size: 7,360 Sqft
Amenities: Mosque, Kitchen, Pantry, Washroom, Insulated, Sprinkler, Fire Fighting, Fire Alarm, Civil Defense (24/7)
Investment Highlights:
• Stable Rental Income: Benefit from long-term leases and consistent rental payments
• Value Appreciation: Enjoy potential property value growth over time
• Diverse Tenant Mix: Minimize risk by having multiple income sources
• Prime Location: Benefit from the increasing demand for commercial space in Sharjah
• Professional Management: Consider hiring a property management company to optimize returns
To schedule a viewing or learn more about this exceptional investment opportunity, please contact RVRG Real Estate Brokerage. Our experienced agents can provide you with detailed information and assist you in making an informed decision.
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