Retail Shops with Labour Camp for Sale in Al Muhaisnah Sonapur - Ideal Investment Opportunity

Al Muhaisnah Sonapur Al Muhaisnah Sonapur

Property Details:



Property Type: Old Labour Camp with Retail Shops (Ground Level)



Description: The property features retail shops at the ground level, with the potential to build a G+3 Labour Accommodation. The ground floor is designated for shops, while the upper floors (1st to 3rd) can be utilized for accommodation purposes. This is a corner plot, offering additional visibility and accessibility.



Location: Al Muhaisnah Sonapur



Deal Type: Sale



Ownership Type: Leasehold, renewed annually







Plot Details:



Plot Size: 4,800 Sqft



Built-up Size: 2,200 Sqft Approximate







Current Configuration:



Number of Rooms: 6



Room Capacity: 8 people per room



Total Capacity: 48 people



Kitchen: 1



Dining Area: 1







Financials:



Selling Price: AED 1,500,000 (Net to Owner)



Current Lease: AED 28,800 per year



Transfer Charge: AED 30,000 to AED 50,000 (Approximate)



Agency Fees: 2% of Selling Price (paid by buyer)







Usage and Amenities:



Usage: Residential



Amenities:



Toilets: 4



Bathrooms: 4



Hand wash facilities: 6







Potential Development:



This property offers the potential to develop a G+3 labour accommodation with additional retail shops, leveraging the strategic corner plot location facing the main road.







Key Features:



This property presents a unique investment opportunity featuring a corner plot with existing retail shops and potential to develop a G+3 labour accommodation with additional shops. Located in Al Muhaisnah Sonapur, this leasehold property offers versatile options for development and investment.



Corner plot with high visibility



Suitable for redevelopment and expansion



Versatile property ideal for investors seeking residential and commercial development opportunities







This offering represents a compelling investment for those looking to capitalize on the growing demand for labour accommodations and retail spaces in the Al Muhaisnah Sonapur area.







For more information or to arrange a viewing, please contact us. Serious inquiries are appreciated.







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