Gebouw in Al Musalla, 1 slaapkamer, 3500000 AED - 16310481

Corner Building for Sale in Al Musalla – Sharjah | Main Street | 16 Apartments | Expected Income AED 370,000
Property Details
Location: Al Musalla – Sharjah
Plot: Corner on a main street
Land Area: 2,500 sq ft
Building Structure: Ground + 2 Floors + Roof (G+2+Roof)
Building Age: 17 years
Condition: Fully serviced
Total Units: 16 apartments
Apartment Details
7 very spacious studios
6 one-bedroom apartments with a living room and separate kitchen
3 two-bedroom apartments with a living room and separate kitchen
Investment Income
Current Income: AED 304,000 annually
Expected Income: AED 370,000 annually
Property Description

A prime investment opportunity to own a corner building in the heart of Al Musalla, Sharjah. Its prime location on a main street provides easy access and significant investment potential.

The building consists of a ground floor and two upper floors with a rooftop terrace, comprising a total of 16 apartments ranging from studios to one-bedroom and two-bedroom units, offering a variety of unit types and a broad base of potential tenants.

The building has also undergone complete maintenance, making it an ideal opportunity for investors seeking an existing building with current rental income and the potential to increase it to the expected level.

Investment Advantages: Corner building in a prime location
On a main street in Al Musalla
Total of 16 apartments
Variety of residential units
Complete building maintenance
Current income of AED 304,000
Expected income of up to AED 370,000
Suitable for investment and generating consistent rental income
Asking Price:

AED 3,500,000

Price is negotiable for serious buyers.

A strong opportunity for investors looking to purchase an existing building in a vibrant location in Sharjah with a large number of units and the potential to enhance rental returns.