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Investor Deal |10% ROI |Rented till 2022

Retail for Sale in Empire Heights, Business Bay

Reference: avenuerealty-1574479

Facts

Price
5,500,000 AED
Type
Retail
Reference
avenuerealty-1574479
Trakheesi Permit
Issued to RERA registered companies and Dubai developers as confirmation of their right to advertise properties
0126406473
Area
3,025 sqft / 281 sqm

Amenities

Covered Parking
Networked
Listed: 2 months ago
Agent:
Hitesh Tolani
Company:
Avenue Realty Real Estate
ORN# Office Registration Number given to each RERA-registered real estate company in Dubai
12774
View all our properties
Call now
Avenue Realty is proud to present this fantastic investment opportunity to earn 10% ROI from a commercial property located in the Heart of Dubai.

Property details & Features:

Retail / Shop / Showroom
Size: 3025 Sq Ft (Ground area only)
No. of Parking's: 5
Currently rented to a restaurant since 3 years
Indoor seating capacity: 80-100 pax
Outdoor seating capacity: 70-80 pax
Shisha license approval

Location: In the heart of business bay and few meters to Downtown
Excellent Visibility
RTA Parking for about 100 cars just outside the Retail

Rental details:
Rent for 2019-20: AED 550,000/-
Rent for 2020-21: AED 600,000/-
Rent for 2021-22: AED 650,000/-
Total contract value for 3 years: AED 1,800,000/-

Selling Price : AED 5,500,000/-
ROI: 10% (average for 3 years)

Hurry! Grab this opportunity to earn steady 10% return in the heart of the city

Call our specialist for more information and viewing appointment
Hitesh Tolani
+971556580580
BRN: 29469
ORN: 12774
Avenue Realty Real Estate Broker
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Agent:
Hitesh Tolani
Company:
Avenue Realty Real Estate
ORN# Office Registration Number given to each RERA-registered real estate company in Dubai
12774
View all our properties
Call now