Immeuble à Muwaileh Commercial, 11 chambres, 11000000 AED - 16713464

Prime Investment Opportunity on Main Street in Muwaileh, Sharjah

An exceptional high-yield residential and commercial building for sale, situated in a prime location directly on a main street in the vibrant Muwaileh area, Sharjah. Offering high foot traffic, excellent visibility, and strong rental returns, this property sits on a generous plot area of 6,000 sq. ft.

Property Details & Configuration:
• Residential Units: Highly versatile unit mix featuring 17 two-bedroom apartments ($17 \times 2\text{BR}$), 9 one-bedroom apartments ($9 \times 1\text{BR}$), and 2 studio apartments.
• Commercial Spaces: 8 commercial retail shops thoughtfully distributed with 4 shops directly facing the main street at the front and 4 shops at the rear, ensuring maximum exposure.

Key Features & Financial Performance:
• Condition: Fully renovated and comprehensively maintained, ensuring flawless operations without immediate Capital Expenditure (CAPEX) requirements.
• Occupancy & Age: Property age is 20 years, fully tenanted with stable cash flow.
• Income & ROI: Generates an impressive annual income of AED 1,050,000 (One Million Fifty Thousand AED), delivering a solid Return on Investment (ROI) of ~10%.

Asking Price: AED 11,000,000 (Negotiable for serious buyers).

For further financial details, rent rolls, or to schedule a site viewing, please contact us.