Sharjah Industrial Area

Industrial Area 15

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Furnished Commercial Bulk Sale Units for sale in Sharjah Industrial Area

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.

Furnished Commercial Bulk Sale Units for sale in Sharjah Industrial Area

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investment property Industrial Area15 37,900sqft

Eman Saleem

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