For sale, a modern compound (labor housing + offices + warehouses) in Al Ain City, corporate camp
Property for Musataha (land development lease) (Company Camp)
New property for musataha in 2019 (industrial buildings - company camp) with a land area of 400*200 (7,196 sqm). The Musataha contract expires in 2049 and is renewable. The property includes:
- 74 large bedrooms.
- 44 large offices, which can be converted into bedrooms, bringing the total to 118 rooms.
- 5 large stores.
The building is fully equipped with civil defense systems, Hassantuk system, fire-resistant doors, Mitsubishi air conditioners, an internal canteen, a prayer room, ablution facilities, laundry rooms, internal and external kitchens, and dining halls. It is highly suitable for large companies, investment purposes, and can accommodate gym equipment and recreational facilities. There are over 30 internal parking spaces and external parking areas. The property includes plumbing and communication installations, among others.
1. Office can be changed to rooms. All building plans are available.
2. Permission is granted to build 22 additional shops in the property to increase income.
3. The property has a foundation for building shops and is located on a corner with shops facing the street.
Annual Income
- Total income in the current property condition: 2,300,000 million.
- Total income when converting offices into rooms with shops: 4,100,000 million.
- The property is bank-evaluated at a value of 28,000,000 million.
- The property has comprehensive insurance from Al Wathba Insurance Company, at a value of 28,000,000 million.
- Civil defense + Hassantuk (Clear) fully paid.
Asking Sale Price: 20,850,000 million, negotiable by the owner.
Note: There is an investor for the building in case the buyer wishes the investor to stay, with an annual fee of 1,300,000 yearly with 100% guaranteed payments.
Contact:
Email:
Please contact us if interested in purchasing
New property for musataha in 2019 (industrial buildings - company camp) with a land area of 400*200 (7,196 sqm). The Musataha contract expires in 2049 and is renewable. The property includes:
- 74 large bedrooms.
- 44 large offices, which can be converted into bedrooms, bringing the total to 118 rooms.
- 5 large stores.
The building is fully equipped with civil defense systems, Hassantuk system, fire-resistant doors, Mitsubishi air conditioners, an internal canteen, a prayer room, ablution facilities, laundry rooms, internal and external kitchens, and dining halls. It is highly suitable for large companies, investment purposes, and can accommodate gym equipment and recreational facilities. There are over 30 internal parking spaces and external parking areas. The property includes plumbing and communication installations, among others.
1. Office can be changed to rooms. All building plans are available.
2. Permission is granted to build 22 additional shops in the property to increase income.
3. The property has a foundation for building shops and is located on a corner with shops facing the street.
Annual Income
- Total income in the current property condition: 2,300,000 million.
- Total income when converting offices into rooms with shops: 4,100,000 million.
- The property is bank-evaluated at a value of 28,000,000 million.
- The property has comprehensive insurance from Al Wathba Insurance Company, at a value of 28,000,000 million.
- Civil defense + Hassantuk (Clear) fully paid.
Asking Sale Price: 20,850,000 million, negotiable by the owner.
Note: There is an investor for the building in case the buyer wishes the investor to stay, with an annual fee of 1,300,000 yearly with 100% guaranteed payments.
Contact:
Email:
Please contact us if interested in purchasing
Property Information
- TypeLabour Camp
- PurposeFor Sale
- Reference no.Bayut - 103842-PV92JE
- CompletionReady
- Average Rent
- Added on3 May 2024
Features / Amenities
Balcony or Terrace
Shared Kitchen
Parking Spaces: 54
Swimming Pool
+ 34 more amenities
Trends
Mortgage
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
This property is no longer available
Harrods Properties
Agent:HARRODS PROPERTIES