Immeuble à Muwaileh Commercial, 11 chambres, 4500000 AED - 17004143

Investment Building for Sale in Sharjah – Excellent Income-Generating Opportunity
Location: Second plot from Al Qasimi Street
Land Area: 3,200 sq. ft.
Building Details:

14 one-bedroom apartments (bedroom and living room)
Closed kitchens
Balconies
1 studio apartment
1 commercial shop

Property Highlights:

Fully renovated interior.
New split air-conditioning units installed in all units.
Fully rented to a single tenant under a 2-year lease agreement.
Net Annual Rental Income: AED 450,000.
All maintenance and repair costs are the tenant’s responsibility.
Annual rent is paid in 4 installments.
Two installments have already been received. The remaining payments are covered by ready-to-transfer cheques that will be handed over to the buyer upon sale, providing continuity of rental income.

Estimated Annual Rental Yield: 10%
An excellent opportunity for investors seeking a fully rented property with strong rental income and minimal management responsibilities.
For more information or to arrange a viewing, contact Aoun Real Estate.