Income-Generating Building for Sale | 11 Floors | Annual Income AED 2.65M

5 Stars Real Estate is pleased to present this income-generating residential and commercial building for sale in Umm Al Tarafa, Sharjah, situated in a prime and highly active location close to essential services and facilities.
Built on a plot area of 7,700 sq. ft. , the property consists of a ground floor and 11 upper floors, offering a combination of residential apartments and commercial retail spaces.
Property Details:

Location: Umm Al Tarafa, Sharjah
Plot Area: 7,700 sq. ft.
Building Structure: Ground Floor + 11 Floors
55 One-Bedroom Apartments
57 Studio Apartments
8 Commercial Shops
Completion Certificate: June 2008

Investment Details:

Current Annual Income: AED 2,650,000
Income Potential: Possibility of increasing annual returns
Asking Price: AED 29,000,000

Location Highlights:

Prime and vibrant location
Close to essential services and facilities
Convenient access to nearby commercial and residential areas

This property presents an attractive investment opportunity for investors seeking a well-established building with residential and commercial income streams and potential for increased returns.
For further details or to arrange a viewing, please contact 5 Stars Real Estate.