For Sale:
Dubai Warehouses
Al Qusais
Bayut - MAK PP 3112
Income-Generating Investment: Rented 15,000 Sq Ft Plot & 10,000 Sq Ft Warehouse with Office for Sale in Al Qusais
AED5,000,000
Est. Payment AED 19.8K/mo
Al Qusais, Dubai
10,000 sqft

Income-Generating Investment: Rented 15,000 Sq Ft Plot & 10,000 Sq Ft Warehouse with Office for Sale in Al Qusais

Property Id: MAK PP 3112

Property Details:
Property Type: Warehouse with Office (Independent Rented Single Tenant)

Ownership Type: Leasehold Property Renewal Every Year

Location: Al Qusais

Deal Type: Sale

Selling Price: AED 5,000,000/- (Net To Owner)

Current Lease Details:
Rental Income: AED 400,000/- (Excluding All)
Land Lease: AED 60,000/- Per Year
Net Income: AED 340,000/- per year
ROI: 6.8%

Additional Costs:
Transfer Charge: AED 30,000/- to AED 50,000/- Approx
VAT: 5% of Selling Price
Agency Fees: 2% Of Selling Price

Plot Size: 15,000 Sq Ft

Built-up Size: 10,000 Sq Ft

Height: 9 meters

Power: 30 KW

No of Unit: 1

Usage:
Commercial, Storage & Industrial

Amenities:
Office
Insulated
Washroom
Fire Fighting
Fire Alarm
Civil Defense - 24/7, etc.

Description:
Explore a lucrative investment opportunity with this leased 15,000 sq ft plot and 10,000 sq ft warehouse with an office in Al Qusais, available for sale. This leasehold property with a renewable lease every year offers a strategic location and practical amenities, making it ideal for commercial, storage, or industrial purposes.

Key Features:
1) Prime Location: Strategically located in Al Qusais, the property provides convenient access to key transportation routes, making it an ideal investment for commercial, storage, or industrial activities.

2) Generous Plot and Warehouse Size: With a plot area of 15,000 sq ft and a spacious warehouse of 10,000 sq ft, the property offers ample space for various commercial and industrial activities.

3) Current Lease Details: The property is currently leased, generating a steady rental income and providing a reliable return on investment with an impressive ROI of 6.8%.

4) High Ceiling: With a height of 9 meters, the warehouse offers flexibility for various storage and industrial operations.

5) Power Capacity: The property is equipped with a power capacity of 30 KW, supporting basic industrial and storage operations.

6) Leasehold Advantage: This property comes with a leasehold arrangement, providing flexibility in ownership and potential for long-term investment.

Usage:
This property is versatile and can be utilized for commercial, storage, or industrial purposes, providing flexibility for a range of business activities.

Amenities:
Practical amenities such as an office, insulation, washroom facilities, fire fighting equipment, fire alarm system, and civil defense support 24/7 contribute to a functional and efficient working environment.

Investment Opportunity:
Seize the opportunity to own this well-located and income-generating plot and warehouse with an office in Al Qusais. Contact us for further details and to discuss the potential this property holds for your business or 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 3112
  • CompletionReady
  • Average Rent
  • Added on7 May 2024

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