Residential Building G+4 ,24 Studio , 20 one Bedroom, 8 shops..
Building
Building : Morocco, Total Built Up Area: 51,796 sqft, Current Rent: AED:2,300,000 sale Price : AED:23,000,000.00 Mil
• It has a single title deed and a single owner
• All the apartments and 2 shops are rented to a single tenant which is a hotel for their staff and they are willing to continue as a tenant
• The tenancy contract has just been renewed this month of October which will be refunded to the new owner on pro-rata basis
• It’s a well-managed building with maintenance contracts in place which makes it hassle free for the investor to maintain the property
• Well maintained property achieving 8.3 % net & 8.5% gross Income.
• Single corporate tenant.
• As the new shopping mall opens up in 2015, these properties will be high in demand and will benefit from genuine spike in rental values.
2ND OPTION:
HUGE BUILDING G+2 IN CHINA CLUSTER INTERNATIONAL CITY WITH AMAZING ROI 3.545.000 aed ( old contract ) SELLING PRICE : 42 Mil net.
Bua : 46500 sqf
66 APARTMENTS AND 22 SHOPS
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