Prime Warehouse Investment Opportunity in Al Qusais Industrial Area 3 - Sale with Annual Leasehold Renewal
Property Id: MAK MIT 2829
Explore a lucrative investment opportunity with this rented 10,000 sqft warehouse in the bustling Al Qusais Industrial Area 3. Currently, the property is generating a rental income of AED 480,000 per year, making it an attractive option for potential buyers.
Property Details:
Type: Warehouse (Independent Multiple Tenant)
Ownership Type: Leasehold Property - Renewal Every Year
Location: Al Qusais Industrial Area 3
Deal Type: Sale
Selling Details:
Selling Price: AED 5,500,000/- (Net to Owner)
Current Rental Income: AED 480,000/- per year
Land Lease: As per current market price paid to DREC every year
Transfer Charge: AED 50,000/- to AED 100,000/- approx
VAT: As Applicable
Agency Fees: 2% of Selling Price
Plot Features:
Plot Size: 15,000 sqft
Warehouse Size: 10,000 sqft
Power: 100 kW
Height: 7 M
Number of Units: 3 Nos
This property is strategically located and offers a stable rental income, making it an excellent investment. For further details or to arrange a viewing, please contact us.
RGESTATE. COM a flagship venture by Riveria Global Group, stands as a trusted and dynamic player in the real estate domain. Committed to excellence, we specialize in connecting individuals and businesses with their ideal properties in Dubai and beyond. Our team of experienced professionals is dedicated to providing personalized and comprehensive real estate solutions, catering to diverse needs and preferences. With a focus on transparency, integrity, and client satisfaction, RGESTATE. COM continues to be a reliable partner for those navigating the vibrant and ever-evolving real estate landscape. Whether buying, selling, or leasing, we strive to make every property journey seamless and rewarding for our valued clients.
Explore a lucrative investment opportunity with this rented 10,000 sqft warehouse in the bustling Al Qusais Industrial Area 3. Currently, the property is generating a rental income of AED 480,000 per year, making it an attractive option for potential buyers.
Property Details:
Type: Warehouse (Independent Multiple Tenant)
Ownership Type: Leasehold Property - Renewal Every Year
Location: Al Qusais Industrial Area 3
Deal Type: Sale
Selling Details:
Selling Price: AED 5,500,000/- (Net to Owner)
Current Rental Income: AED 480,000/- per year
Land Lease: As per current market price paid to DREC every year
Transfer Charge: AED 50,000/- to AED 100,000/- approx
VAT: As Applicable
Agency Fees: 2% of Selling Price
Plot Features:
Plot Size: 15,000 sqft
Warehouse Size: 10,000 sqft
Power: 100 kW
Height: 7 M
Number of Units: 3 Nos
This property is strategically located and offers a stable rental income, making it an excellent investment. For further details or to arrange a viewing, please contact us.
RGESTATE. COM a flagship venture by Riveria Global Group, stands as a trusted and dynamic player in the real estate domain. Committed to excellence, we specialize in connecting individuals and businesses with their ideal properties in Dubai and beyond. Our team of experienced professionals is dedicated to providing personalized and comprehensive real estate solutions, catering to diverse needs and preferences. With a focus on transparency, integrity, and client satisfaction, RGESTATE. COM continues to be a reliable partner for those navigating the vibrant and ever-evolving real estate landscape. Whether buying, selling, or leasing, we strive to make every property journey seamless and rewarding for our valued clients.
Property Information
- TypeWarehouse
- PurposeFor Sale
- Reference no.Bayut - MAK MIT 2829
- CompletionReady
- Average Rent
- Added on7 May 2024
Trends
Mortgage
This property is no longer available
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