Great investment opportunity with 6.7% ROI NET
fam Properties is pleased to offer this exclusive property for sale located in JLT, an established restaurant that is (fully fitted, furnished, and kitchen equipment). The property is available for sale.
Comments: The property is currently rented to a tenant.
Yearly rent is AED 300,000
Method of Payment is One Cheque
Yearly Service Charges are AED 27,000 per a year paid quarterly
The property generates around 6.7% ROI NET>
The internal size is 2002 sq ft and it is connected to a private terrace of 2,690 with full lake view, which the new owner and/or tenant can build a glasshouse to bring total size of the restaurant to 4,675 sq ft. An absolute hidden gem with unlimited possibilities.
Furthermore, in the same cluster there is going to be a 5 start hotel, which in the near future the restaurant will be qualified to obtain alcohol license and this will have a great effect of property appreciation in the near future.
About the property
- Size 2002 sq ft net area, with private terrace 2,690 sq ft
- Well maintained
- Power Load 100 KW
- Ceiling Height: 7.5 m
- Private and Common toilet are available
- Gym access to employees
For more details call F m Properties
Contact Us -
Toll free: 800fam
Email:
Visit our website: famproperties. com
♣
fam Properties
Contact Us -
Toll free: 800fam
Email: basel.
Visit our website: famproperties. com
Office Registration no: 1858
RERA Broker ID: 8976
Permit No:
Comments: The property is currently rented to a tenant.
Yearly rent is AED 300,000
Method of Payment is One Cheque
Yearly Service Charges are AED 27,000 per a year paid quarterly
The property generates around 6.7% ROI NET>
The internal size is 2002 sq ft and it is connected to a private terrace of 2,690 with full lake view, which the new owner and/or tenant can build a glasshouse to bring total size of the restaurant to 4,675 sq ft. An absolute hidden gem with unlimited possibilities.
Furthermore, in the same cluster there is going to be a 5 start hotel, which in the near future the restaurant will be qualified to obtain alcohol license and this will have a great effect of property appreciation in the near future.
About the property
- Size 2002 sq ft net area, with private terrace 2,690 sq ft
- Well maintained
- Power Load 100 KW
- Ceiling Height: 7.5 m
- Private and Common toilet are available
- Gym access to employees
For more details call F m Properties
Contact Us -
Toll free: 800fam
Email:
Visit our website: famproperties. com
♣
fam Properties
Contact Us -
Toll free: 800fam
Email: basel.
Visit our website: famproperties. com
Office Registration no: 1858
RERA Broker ID: 8976
Permit No:
Property Information
- TypeShop
- PurposeFor Sale
- Reference no.Bayut - B-CS-63077
- CompletionReady
- Average Rent
- Added on30 December 2021
Trends
Mortgage
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
This property is no longer available
Fam Properties - Branch 11
Agent:Basel Hosnya