Property Id: MAK PP 3104

Property Details:
Property ID: MAK PP 3104
Property Type: Labour Camp (Ground Floor Only)
Ownership Type: Leasehold Property, Renewable Every Year
Location: Al Muhaisnah Sonapur
Deal Type: Sale

Financials:
Selling Price: AED 4,000,000/- (Net to Owner)
Land Lease: As per the Current Market, payable to DREC every year
Transfer Charge: AED 30,000/- to AED 50,000/- Approx
VAT: 5% of Selling Price
Agency Fees: 2% of Selling Price

Property Specifications:
Plot Size: 20,000 Sqft
Built-Up Size: 16,000 Sqft Approx
Number of Rooms: 48 Rooms
Capacity: 4 Persons Each Room
Total Capacity: 192 People
Kitchen: 1
Dining: 1

Usage:
Labour Accommodation

Highlights:
Discover an excellent investment opportunity with this Labour Camp in Al Muhaisnah Sonapur. The property offers ground floor accommodation with a total of 48 rooms, providing housing for up to 192 people.

Financial Breakdown:
The net selling price is AED 4,000,000, offering a competitive investment proposition.
Transparent financial terms, including land lease, transfer charge, VAT, and agency fees.

Please note that the current labour accommodation building is between 18 to 20 years old. Depending on your preferences and requirements, you have the option to demolish the existing structure and construct a new G+3 labour accommodation building, or you can continue to utilize the current facilities.

Camp Features:
Ample plot size of 20,000 sqft with a built-up area of 16,000 sqft.
Each room accommodates 4 individuals, ensuring a comfortable living environment.
Dedicated kitchen and dining facilities for the convenience of residents.

Usage and Location:
Ideal for labour accommodation, the camp is strategically located in Al Muhaisnah Sonapur, providing accessibility and convenience.
Contact us today to explore this investment opportunity and acquire a labour camp with a solid rental potential in Al Muhaisnah Sonapur.

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