Property description

Omega proudly offers this barely used property with Plot Area: 32646 Sq ft.
This warehouse is divided into 4 separate sections which can be rented individually if required and can be used fordifferentrequirements.
Each section has been upgraded with CC TV and fire system with security room and an extra room with can be used an extra pantry - the office section has been left open with mezzanine floor provision to make cabins as per requirement.
There is a pantry and staff washroom built also an extra washroom for guests with outside access.
Very decently located warehouse.

The existing DIP lease agreement is for 30 years started off with effect from 10 March 2008.

The annual ground rent currently being paid is AED 189,259/-

Annual service charge is AED 9099/-

Ground floor area: 16967.29 sqft

Mezzanine floor area 1991.4 sqft

Total BUA 18.958.63 sq.ft

4 Warehouses +Office Area

Total Plot Area: 32,646 sq.ft.

Total Built up Area: 18,958 sq.ft.

KVA Electric Connection: 150KW

Premise permission for warehousing

Height: 8.30 meters

Spacious Loading Bays

Two entrance gates

Security room/CCTV

Toilets and Pantries are Available inside the office

Fully Insulated Fire Alarm System

Parking area

DIP tax 15% on annual rent

THE BEST RENTAL RENTAL - 12% - 14% (IF INVESTMENT PURPOSE)

Company Profile: At Omega Real Estate we pledge ourselves to ensure that the experience is rewarding. Our values are our moral foundations which help us deliver our clients the best in all their real estate endeavors.

Property Features :

• Part furnished
• Private garage
• Mosque
• Driver's Room
• Upgraded interior
• Public parking
• Solid wood floors
• Restaurants
• Public park
• Central air conditioning
• Community View
• Study