Full Residential Bldg DIP2 -100% Rented Net 8% ROI

DESCRIPTION

Description: Full Residential Building DIP2 - 100% Rented (Net 8% ROI)

* B+G+5+ Roof Facilities

* 7,100,000 Income per year

* 1.500.000 (+-) Expenses

* 164 Apartments

* 10 Retail

* DIP 2

* Land Lease to DIP per year 387,000

* 30 Years land lease since 2022 (renewable)

* Free Management fee for 2 years

* Selling price: AED 79,000,000

This building speaks for itself. It has fantastic sport and leisure facilities which is all mentioned in our presentation. The finishes of the building is also of high quality and the very attractive point is that this is the only building in the direct area that provides a vast amount of very good retail including one of the biggest supermarkets in the area. This is a "HAVE TO SEE and CONSIDER" investment opportunities.

Reference Number: EPS-S-3671

Call Bee on +97156 723 9970 for further details.

Company Name: ELITE Property Brokerage LLC
Company Email: info@elitepropertydxb.com
Telephone Number: +971 4 770 1087
RERA ORN: 25831
Address: Off. 613, The Onyx Tower 1, Greens(SZR), Dubai-UAE
RERA Permit #:1104897755
Website:www.elitepropertydxb.com

PROPERTY FEATURES:
-Balcony
-Basement parking
-Broadband ready
-Broadband ready
-Built in wardrobes
-Central air conditioning
-Central heating
-Gymnasium
-Marble floors
-Sauna
-Shared swimming pool
-Basketball Court
-Children's play area
-Cycling tracks
-Mosque
-Public park
-Public parking
-Public transport
-Restaurants
-School
-Shops
-Walking Trails