10% net income from RAK Free zone complex

Cluttons is proud to offer exclusive investment opportunity into Industrial factory with office and labour accommodation on-site, strategically located in the Ras Al Khaimah Enterprise Zone

Currently rented out to a blue-chip UK-owned aviation company
Consists of an on-site factory, offices and labour accommodation
Warehouse built-up area of 27,500 sqft plus 8,000 sqft mezzanine and 9,560 sqft G + 1 attached office
G+1 staff accommodation with built-up area of 7,850 sqft
Total plot area 79,100 sqft
Immediate returns at 10% through current tenancy
2 years advance PDCs in hand
EHS/Civil Defense approvals up to date
716KW - FEWA power connection
No transfer fees
Property current rental income is AED 1,000,000 NET
Plot is leased for 25 years starting from June 2014
Selling for AED 9,750,000 only (10%+ Net rental yield)

The road around the property has been completed

VIEW PROPERTY VIDEO: http://bit. ly/RAKFactory1

For Inquiries and Viewing, call our Sales Department on
or call Mr Maqsoud at

Property Information

TypeFactory
PurposeFor Sale
Reference no.Bayut - CLS-S-1102
CompletionReady
Average Rent
Added on2 April 2018

Features / Amenities

Furnished

Parking Spaces

Centrally Air-Conditioned

Storage Areas

+ 8 more amenities

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