amazing commercial building free hold high income

Building for sale in Al Muwaihat 1, Ajman
Property Overview:
Location: Al Muwaihat 1, Ajman
Land Area: 10,000.17 sq ft
Structure: Ground floor + 3 floors + mezzanine with stone facades on all sides
Asking Price: AED 18 million (negotiable)
*Property not mortgaged to any bank*
Annual Rental Income (including vacant units): AED 1.6 million
Building Features:
*Total Units: 36 Residential Units*
*Total Commercial Units: 13 Retail Shops + Full Floor Offices*
Ground Floor: 3 Studios
Each Floor (1st to 3rd): 4 Two-Bedroom Units
5 One-Bedroom Units
2 Studios
Residential Unit Breakdown
9 Studios
15 One-Bedroom Units
12 Two-Bedroom Units
Mezzanine Floor Offices:
3 Offices (2 offices of 2,000 sq ft each)
1 Office with Yard 4,000 square feet with 13 sections
Ground floor shops:
Total: 13 shops (800 square feet each)
Status: 10 tenanted, 3 vacant
Utilities and expenses:
FEWA bill: AED 2,000
Security guard salary: AED 1,400
Prime location:
Landmarks:
Near Nesto Hypermarket
Near Ajman University and Saudi German Hospital
Accessible to schools and mosques
Nearby areas:
Al Rawda (near Gold Center)
City Life Al Tallah Mall
Galleria Mall
Restaurants and outdoor parks (Sports Park, Umm Faneen Park)
Travel distances:
13-minute drive to Radisson Blu Hotel, Ajman
19-minute drive to Sharjah International Airport
Investment opportunity:
This well-located building in the heart of Al Mowaihat 1 offers a profitable investment with a mix of residential and commercial units. With its proximity to major amenities, shopping centers, parks, and educational institutions, it's an ideal choice for investors seeking high rental income potential.
Contact us today for more details or to schedule a viewing!لاهل

amazing commercial building free hold high income

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