Industrial Area 15, Sharjah Industrial Area

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Commercial Bulk Sale Units for sale in Industrial Area 15

Eman  Saleem

MUSTASHAR AL AWAL REAL ESTATE  L.L.C.SP

Land and investment property for sale | Industrial Area 15 | 37,900 sq ft
Property Details
Location: Industrial Area 15 – Sharjah
Land Area: 37,900 sq ft
Location: On a paved road
Use: Workers' Accommodation + Commercial/Residential Building
The property consists of 3 two-story concrete buildings
Civil Defense Certificate Available
Completion Certificate: 06/2017
Commercial/Residential Building
12 One-bedroom apartments
All apartments are equipped with split air conditioning
Mezzanine floor on two sides
11 entrances
Distributed among 6 retail shops
Shops and apartments are leased under separate contracts
Workers' Accommodation
144 workers' accommodation rooms of varying sizes
Split air conditioning in each room
102 bathrooms and showers
8 kitchens with a government-supplied central gas system
6 dining rooms
13 laundry rooms
The accommodation is leased to Safari Center
Investment Income
Current Income: AED 2,583,000 annually
Income is subject to increase upon renewal
Income from shops and apartments is separate from income from workers' accommodation
Expected Income After modification and renovation: Approximately AED 3,500,000 annually.
A strong investment opportunity with a substantial real estate asset and multiple income streams.
Investment Features:
Large land area of ​​37,900 sq ft
Prime location on a main road
Diverse income streams including worker accommodation, commercial units, and residential units
A large number of rented rooms and units
Certifications and permits available
Existing, income-generating property
Potential for increased income upon contract renewal
Suitable for investors seeking a high-yield industrial investment
Price:

AED 36,000,000
Thirty-six million dirhams
Negotiable

A significant investment opportunity in Industrial Area 15, Sharjah. A 37,900 sq ft plot of land, currently used for worker accommodation and a mixed-use commercial/residential building. Current income of AED 2.583 million, projected to reach AED 3.5 million.

Commercial Bulk Sale Units for sale in Industrial Area 15

investment property Industrial Area15 37,900sqft

Eman Saleem

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Bulk-sale-units Available for sale in Industrial Area 15