Freehold (GCC/Local) | Good ROI | Al Barsha First
Overview
- Category: Commercial Property
- Property Type: Building
- Size: 12,001 sqft
Features:
- Freehold (GCC/Local) | Good ROI | Al Barsha First
- Type
- Commercial Building
- Purpose
- Sale
- Furnishing
- Unfurnished
- Updated
- 21st January 2025
- Completion Status
- Ready
Description
Secure this unique commercial investment opportunity located in one of the prominent areas in Al Barsha First that offers a good investment return for long term!
No Agent-to-Agent Deal!!!
Building and Location Highlights:
* Ownership: Freehold (Owned by GCC/Local) only
* Building category: (3B + G + 8)
* 32 offices + 2 shops (90% Occupied)
* 2 Prayer Rooms (Male and Female)
* 64 Private parkings (32 empty parkings available for rent)
* Gross Current ROI: 8% or more
* Net Current ROI: 7% or more
* Plot Size: 12,001 Sq. ft.
* BUA Size: 30,745 Sq. ft.
* All units are fitted and rented with an average of AED80/ Sq. Ft. (Rent Increment of 20% is applicable upon renewal)
* Each unit leased for (1) year – renewable
* All floors with a common washrooms and pantry (For Male and Female separately)
* Three Basements parking plus RTA parkings
* Round the clock security with CCTV cameras
* 9 mins drive to MOE Metro Station
* 10 mins walking distance to Mall of the Emirates
* Public Bus stop in front of the building main entrance
* 3 high speed lifts + 1 Service lift
* Restaurant, Supermarket, and Beauty Salon nearby
* There are residential apartments, commercial offices, hotels and serviced apartments around the area
We also offer:
* Conveyancing
* Mortgage Advisory
* Off-Plan Properties
* Property Management
* Property Valuation
* Interior Design and Fitout
Please reach out to CRC Property to obtain comprehensive information and viewing request.
Company Name: BH CRC Real Estate
RERA ORN: 23624
Address: Office 2106, Marina Plaza, Dubai Marina, Dubai – UAE
Office Phone:
Primary Email: customercare@crcproperty.com
Website: crcproperty.com
Read Less
Posted on: 21st January 2025
Building Information
validate-check
Building Name
B8 BU