Immeuble à Al Tallah 2, 20000000 AED - 16769474

Direct from Owner – Residential and commercial investment building available for sale in Al Tallah 2, Ajman, strategically located on Academy Street.
Property Details:
Location: Al Tallah 2 – Ajman
Prime Location: On Academy Street
Sale: Direct from Owner
Classification: Residential & Commercial
Land Area: 9,450 sq ft
Building Configuration: Ground + Mezzanine + 4 Floors
Unit Mix as Provided:
19 × 1 Bedroom + Living Room Apartments
14 × 1 Bedroom + Living Room Apartments
4 Large Commercial Shops
Total Apartments: 33
Total Residential & Commercial Units: 37
Parking Spaces: 17
Investment Details:
Current Annual Income: AED 1,530,000
Income Has Potential to Increase
Asking Price: AED 20,000,000
Approximate Current Gross Yield: 7.65% per annum
An investment opportunity in Al Tallah 2, Ajman, featuring a strategic location directly on Academy Street and a substantial 9,450 sq ft plot.
The residential and commercial building consists of Ground + Mezzanine + 4 Floors and includes 33 residential apartments, 4 large commercial shops and 17 parking spaces.
The property currently generates AED 1.53 million in annual income, with potential for further rental income growth.
Asking Price: AED 20 Million.