Gebäude in Al Tay West, 9500000 AED - 16616785

Investment building for sale in Al Tai West, Sharjah, located on the first row facing the main Mleiha Road.
The property sits on approximately 4,564 sq. ft. of land, with a total built-up area of approximately 11,430 sq. ft. , including the roof and pergola areas shown in the approved architectural plans.
The building consists of:

3 large commercial shops
9 one-bedroom apartments
2 studio apartments
Ground + 2 floors + roof
Lift, staircase and service areas
First-row location facing Mleiha Road
Al Tai West, Sharjah
Freehold ownership for all Arab nationalities

Expected Annual Rental Income:
9 one-bedroom apartments: AED 432,000
2 studios: AED 62,000
3 commercial shops: AED 300,000
Total Expected Income: approximately AED 800,000 per year
Asking Price: AED 10,000,000
An attractive investment opportunity with an expected gross return of approximately 7.9% per annum.