Profitable Al Warqa Investment: Fully Occupied Building, Dual Usage, Diverse Units. Ideal for Smart Investors
Welcome to a promising investment opportunity in the heart of Al Warqa first. This building, strategically positioned on a sizable plot of 16,320 square feet with a generous built-up area of 46,015 square feet, holds immense potential for astute investors.
Key Investment Points:
- Dual use: The six floors and rooftop present a versatile configuration suitable for both residential and potential commercial usage. Currently, all units are dedicated to residential purposes, ensuring a steady income stream for investors.
- Unit Variety: The thoughtfully designed layout includes two 2-bedroom apartments and four 3-bedroom apartments on each floor, along with two 1-bedroom units and two studios on the rooftop. This diversity caters to a wide range of potential tenants, adding to the property's investment appeal.
- Full Occupancy: With a solid 100% occupancy rate, this building showcases its attractiveness to residents. Investors can benefit from a stable income and strong demand for residential spaces.
- Commercial Potential: Holding dual permissions for commercial and residential use provides a unique opportunity for investors looking to diversify. Future conversion of certain floors into commercial offices could unlock additional revenue streams.
Location and Convenience:
Situated in Al Warqa first, the property offers strategic proximity to essential amenities and potential business hubs, enhancing its investment value.
This is not just a building; it's a strategic investment. Whether you're seeking consistent rental income from residential spaces or exploring the potential for commercial offices, this property presents a compelling opportunity for investors.
Seize this chance to be part of a lucrative investment. Contact us at Monza Properties L. L. C, where your investment vision meets prime real estate.
-GCC only
Key Investment Points:
- Dual use: The six floors and rooftop present a versatile configuration suitable for both residential and potential commercial usage. Currently, all units are dedicated to residential purposes, ensuring a steady income stream for investors.
- Unit Variety: The thoughtfully designed layout includes two 2-bedroom apartments and four 3-bedroom apartments on each floor, along with two 1-bedroom units and two studios on the rooftop. This diversity caters to a wide range of potential tenants, adding to the property's investment appeal.
- Full Occupancy: With a solid 100% occupancy rate, this building showcases its attractiveness to residents. Investors can benefit from a stable income and strong demand for residential spaces.
- Commercial Potential: Holding dual permissions for commercial and residential use provides a unique opportunity for investors looking to diversify. Future conversion of certain floors into commercial offices could unlock additional revenue streams.
Location and Convenience:
Situated in Al Warqa first, the property offers strategic proximity to essential amenities and potential business hubs, enhancing its investment value.
This is not just a building; it's a strategic investment. Whether you're seeking consistent rental income from residential spaces or exploring the potential for commercial offices, this property presents a compelling opportunity for investors.
Seize this chance to be part of a lucrative investment. Contact us at Monza Properties L. L. C, where your investment vision meets prime real estate.
-GCC only
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 103794-tSaSyC
- CompletionReady
- Average Rent
- Added on8 January 2024
Trends
Mortgage
This property is no longer available