G+1 Commercial Building for Sale ON SZR

Great Opportunity not to miss!!
Semi Fitted Full Building for commercial purposes - For sale

1. The full building approximate rental yield is AED 7,049,270 in %)

2. Other outgoing costs for owner: facilities management approximately AED 236,874 per annum. DEWA bills approximately AED 75,000 per annum. Insurance approximately AED 11,000 per annum. (9. 60% net rental yield)

3. There are only three (3) tenants in the full building each with multiple year contracts. An escalation of ten (10%) percent is applicable every two (2) years on the rent.

4. The rent is collected in advance via post dated cheques for the duration of the tenancy. Upon transfer, all post dated cheques for the duration of the Lease Period will be re-issued by the Tenants in favor of the new buyer.

Contact us today for a private viewing of this property @ or Visit Our Website www. savana. asteco. net

Now Open 7 Days/Week, From 8:00am - 8:00pm.

Property Information

TypeCommercial Building
PurposeFor Sale
Reference no.Bayut - SHRE-S-2211
CompletionReady
Average Rent
Added on14 June 2019

Features / Amenities

Balcony or Terrace

Parking Spaces

Floor

Centrally Air-Conditioned

+ 6 more amenities

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