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20% NET return on this Labor camp

 AED 53,000,000
Location: UAE » Dubai  » Jebel Ali
Property Ref:
GS_S_3716
Posted:
December 21, 2015
Size
123000 sqft
Listed By
Agent
Furnished
Unknown
Description
It has a very good rental income approx. 10 million + which comes to 20% per year,
Labour camp for sale with 20% NET income return
Total number of rooms 280
G + 4, 262 rooms for Approx. 1600 persons (18 rooms for other purposes like prayer hall, medical room)

Plot size : 40,000 sqft
B.U.A : 123,000 sqft
6 years old Building
Very Big & Specious Dinning Hall, Big kitchen with 90 gas connection of stoves
Mosque inside the camp, Laundry room, First aid room
162 total number of toilets
162 total number of bathrooms
Rooms for 4/6/8 persons capacity
Big dinning hall can accommodate approx 1600 persons
Big kitchen with 90 stove connections
2 lifts and 4 stairs
8 parkings for buses
8 parking for Buses
Super market in the Camp (Rented out)

30 years renewable lease (up to 90 years )
Income per year Net : AED 10 Million Approx.
Asking Price : AED 53 Million
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