Property id : MAK PP 1023

Property Details:
Location: Al Ttay Al Khawaneej
Property Type: Warehouse with Mezzanine Floor (Independent)
Ownership Type: Leasehold Property Renewal Every Year

Property Specifications:
Plot Size: 16,200 Sq Ft
Total Built-up Size: 17,000 Sq Ft
Power: 60 kW
Height: 7 M
Number of Units: 4 Nos (All Joint Unit)

Financials:
Selling Price: AED 4,000,000/- (Net to Owner)
Net Income: AED 25,000/-
ROI: 6.25%
VAT: 5% of Selling Price (Paid by Buyer)
Transfer Charge: AED 30,000/- to AED 50,000/- approx. (Depends on property valuation and DREC)
Admin Fees: As per DREC (Paid by Buyer)
Security Deposit: As per DREC (Paid by Buyer)
Agency Fees: 2% of Selling Price (Paid by Buyer)

Property Highlights:
Explore a lucrative investment opportunity with this warehouse in Al Ttay Al Khawaneej. The property boasts a total built-up size of 17,000 sq ft, including a mezzanine floor, making it an ideal space for various industrial or commercial activities.

Financial Breakdown:
Attractive selling price of AED 4,000,000 with a net income of AED 25,000, resulting in a competitive ROI of 6.25%.
Transparent financial terms, including VAT, transfer charge, admin fees, security deposit, and agency fees.

Warehouse Features:
Power supply of 60 kW for efficient operations.
Ample space with four joint units, providing flexibility in usage.
A height of 7 meters for accommodating diverse business needs.

Transaction Details:
VAT is 5% of the selling price, payable by the buyer.
Transfer charge, admin fees, and security deposit as per DREC regulations, paid by the buyer.
Agency fees are 2% of the selling price, also paid by the buyer.
Contact us today to seize this opportunity and own a prime warehouse space in the flourishing location of Al Ttay Al Khawaneej..

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