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High-Yield Investment: Rented 105,000 Sqft Warehouse for Sale in Al Quoz
Property Id: MAK PP 2413
Property Details:
Property Type: Warehouse (Independent Rented Multiple Tenant)
Ownership Type: Private Mulkhiya Plot Freehold for Local and GCC Nationality
Location: Al Quoz
Deal Type: Sale
Plot Size: 150,000 Sqft
Built-up Size: 105,000 Sqft
Power: 195 kW
Height: 7 Meters
Number of Units: 30 Nos
Price Details:
Selling Price: AED 65,000,000/- (Net to Owner)
Additional Costs:
Current Rental Income: AED 3,650,000 Per Year
ROI: 5.61%
VAT: 5% of Selling Price
Transfer Charge: 4% of Selling Price
Agency Fees: 3% of Selling Price
Description:
Explore a lucrative investment opportunity with this 105,000 sqft Warehouse in Al Quoz. This independent, rented, and multiple-tenant property sits on a private Mulkhiya plot, offering freehold ownership for local and GCC nationality.
Key Features:
1) Prime Location: Strategically located in Al Quoz, the property provides convenient access to key transportation routes, making it an ideal investment for businesses.
2) Generous Plot Size: With a substantial plot area of 150,000 sqft and a built-up size of 105,000 sqft, the property offers ample space for various industrial and commercial activities.
3) Power and Height Capacity: The warehouse features a power capacity of 195 kW and a height of 7 meters, catering to diverse operational needs.
4) Multiple Units: With 30 independent units, the property accommodates multiple tenants, enhancing rental income and investment potential.
5) Stable Rental Income: Benefit from a stable and substantial rental income of AED 3,650,000 per year, resulting in a competitive Return on Investment (ROI) of 5.61%.
Investment Opportunity:
Seize the opportunity to own this well-maintained and income-generating Warehouse in Al Quoz. Contact us for further details and to discuss the potential this property holds for your investment portfolio. Don't miss the chance to make a strategic investment in this high-demand location.
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 Details:
Property Type: Warehouse (Independent Rented Multiple Tenant)
Ownership Type: Private Mulkhiya Plot Freehold for Local and GCC Nationality
Location: Al Quoz
Deal Type: Sale
Plot Size: 150,000 Sqft
Built-up Size: 105,000 Sqft
Power: 195 kW
Height: 7 Meters
Number of Units: 30 Nos
Price Details:
Selling Price: AED 65,000,000/- (Net to Owner)
Additional Costs:
Current Rental Income: AED 3,650,000 Per Year
ROI: 5.61%
VAT: 5% of Selling Price
Transfer Charge: 4% of Selling Price
Agency Fees: 3% of Selling Price
Description:
Explore a lucrative investment opportunity with this 105,000 sqft Warehouse in Al Quoz. This independent, rented, and multiple-tenant property sits on a private Mulkhiya plot, offering freehold ownership for local and GCC nationality.
Key Features:
1) Prime Location: Strategically located in Al Quoz, the property provides convenient access to key transportation routes, making it an ideal investment for businesses.
2) Generous Plot Size: With a substantial plot area of 150,000 sqft and a built-up size of 105,000 sqft, the property offers ample space for various industrial and commercial activities.
3) Power and Height Capacity: The warehouse features a power capacity of 195 kW and a height of 7 meters, catering to diverse operational needs.
4) Multiple Units: With 30 independent units, the property accommodates multiple tenants, enhancing rental income and investment potential.
5) Stable Rental Income: Benefit from a stable and substantial rental income of AED 3,650,000 per year, resulting in a competitive Return on Investment (ROI) of 5.61%.
Investment Opportunity:
Seize the opportunity to own this well-maintained and income-generating Warehouse in Al Quoz. Contact us for further details and to discuss the potential this property holds for your investment portfolio. Don't miss the chance to make a strategic investment in this high-demand location.
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 PP 2413
- CompletionReady
- Average Rent
- Added on29 July 2023
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