Mischgebiet in Industrial Area，Industrial Area 3, 6500000 AED - 17042147

For Sale in Sharjah – Industrial Area 3

An excellent investment opportunity with a strong annual yield and potential for increased rental income, situated in a strategic industrial and commercial location.

Industrial and commercial property spanning 18,430 square feet.

The property consists of:
* 5 commercial shops (currently under long-standing leases with potential for rent increases), generating a total of AED 160,000 per year.
* A garage (under a long-standing lease), generating AED 100,000 per year.
* Staff/labor accommodation comprising 24 rooms and one kitchen:
* 3 large rooms, each rented at AED 2,400 per month.
* 21 rooms, each rented at AED 1,900 per month.
* A licensed caravan (guard’s quarters) with two beds, rented at AED 600 per month.
* All rooms are currently occupied, with potential for future rent increases.

Total Annual Income: AED 675,000

Selling Price: AED 6,500,000

Dar Al-Mulook Real Estate