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Well Priced Labour Camp | Muhaisanah | 12.5%

Labor Camp for Sale in Al Muhaisnah

Reference: turnkey-778708

Facts

Price
16,500,000 AED
Type
Labor Camp
Reference
turnkey-778708
Trakheesi Permit
Issued to RERA registered companies and Dubai developers as confirmation of their right to advertise properties
1026693762
Area
39,813 sqft / 3,699 sqm

Amenities

Covered Parking
Dining in building
Listed: more than 6 months ago
Company:
TurnKey Properties
ORN# Office Registration Number given to each RERA-registered real estate company in Dubai
20473
BRN# Broker Registration Number issued to agents working for RERA-registered brokerages in Dubai
8718
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Call now
Turnkey properties is pleased to offer this investment proposal which gives 12.5% net return to the investor.

Property features are;

- Leasehold plot
- The property is leased to Akar Technical Services LLC
- It is comprised of a building G+2 and it also has 2 blocks A and B.
G+2 building has 65 rooms
Block A and B has 14 rooms each
- Total number of rooms: 93
- Total number of toilet: 48
- Total number of bath: 52
- Camp has all the facilities like parking, kitchens and dining areas.

Selling Price: AED 16,500,000

Total Rental Income: AED 2,232,000
Expenses Per Year: AED 159,252

Net ROI: 12.5%

Tenant can signup for next 2 to 3 years at the same time it can be vacant on transfer

Please note: G+2 building can be constructed in the replacement of Block A and Block B to further increase the property value and rental yield.

For more details and the camp visit please call Jalil Asif on +971559338032 (BRN:8718)
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Company:
TurnKey Properties
ORN# Office Registration Number given to each RERA-registered real estate company in Dubai
20473
BRN# Broker Registration Number issued to agents working for RERA-registered brokerages in Dubai
8718
View all our properties
Call now