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Investor Deal very well Maintained Labour Camp available for Sale 26 M

 AED 26,000,000
Location: UAE » Dubai  » Dubai Investment Park
Property Ref:
US-S-2772
Posted:
January 9, 2016
Size
38000.00 sqft
Listed By
Agent
Furnished
Unknown
Description

Investor Deal!!!

Labour camp available for Sale
Location - D.I.P-1.

Independentcamp.
Building: G+2.
provision for G + 4.

Plot Size: 41,000 sq ft.

Built up Area: 38,000 sq ft.

Approval to Build: 170 Rooms

Currently Total Built up Rooms: 92

Provision to Build Additional: 75 Rooms

Room Capacity: 4 Persons.

Building: 7 years old.

D.I.P Lease Period: 30 years

Land Lease Commencement Year: 2005

Remaining Lease Period: 20 years.

At Present Rented.

Current Annual Rental Income AED: 4 Million

SellingPriceAED: 26 million

Transfer fee upon DIP

Land Rent AED: 60/- per sq. mt.

ROI : 14.2% per annum Approx

Investment Returns within 8 years.

Affection plan & Drawings can be arranged upon Request.


Call Kuldeep Singh on +971 505642808 / 04 457 9900 or visit ushre.com for further details

Company name: Union Square House Real Estate Brokers.
Address: 4008, X2 Tower, Jumeirah Lake Tower, Dubai, U.A.E.
Office phone no: +971 4 457 9900
Office fax no: +971 4 551 9781
Website: http://www.ushre.com.

Company Profile: We are a premiere estate brokerage and advisory service firm connecting Dubai real estate to buyers and renters locally and globally.
PROPERTY FEATURES:
-Balcony
-Broadband ready
-Broadband ready
-Central air conditioning
-Community View
-Covered parking
-Pets allowed
-24 hours Maintenance
-Bank/ATM Facility
-Bus services
-Business Center
-Mosque
-Public parking
-Restaurants
-Shops
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