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Labour Camp for Sale in Jebel Ali with 10% ROI

 AED 53,000,000
Location: UAE » Dubai  » Jebel Ali
Property Ref:
KI-S-3066
Posted:
June 23, 2016
Size
75618.00 sqft
Listed By
Agent
Furnished
Unknown
Description

Accommodation Break down:
Ground Floor: Dining Room, Kitchen, Prayer Room, First Aid room, isolation room, Telephone & Electrical room, Water tank room, Pump room, laundry dryer room, garbage room, substation, (2 Nos) elevators, Lobby and (10 Nos) Bus parking slots. 1st Floor: 47 Living Rooms, 24 Shower Rooms, 24 Toilets 2nd Floor: 47 Living Rooms, 24 Shower Rooms, 24 Toilets 3rd Floor: 47 Living Rooms, 24 Shower Rooms, 24 Toilets 4th Floor: 47 Living Rooms, 24 Shower Rooms, 24 Toilets

Note: Average Total 10.78% 1. Land lease is paid for 50 Years out of which 42 years are remaining. 2. Electricity, Water, Sewage etc will be paid by Tenant. 3. No Land Tax OR govt taxes. 4. Fixed Income until Jan 2019. 5. Rent is expected to be AED 3900 and AED 4500 in year 4 & 5 ie in year 2019 & 2020-EXPO 6. Being coservative, even if the rent drops up to AED 2000 or below after EXPO, Average ROI is 10.09%.

Call Willy Njoya 33885 on +971 501000628 / 0097143259411 or visit www.kensington.ae for further details
PROPERTY FEATURES:
-Balcony
-Basement parking
-BBQ area
-Broadband ready
-Broadband ready
-Built in wardrobes
-Central air conditioning
-Community View
-Gymnasium
-Kitchen white goods
-24 hours Maintenance
-Bank/ATM Facility
-Public transport
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