16 Warehouse Compound | NET ROI 8,7%

CRC Property is proud to present this fully rented Warehouse compound in Ras Al Khor Industrial 2 which provides a great investment return and immediate income for a prospective buyer. These warehouses are lease hold properties which are owned by Dubai Real Estate Corporation and the lease will be transferred to new investor. The lease is for one year and renewable every year with payment of main lease to DREC.

Property Features:

- Plot area 49,000 sq. ft.
- Built up Area 47,300 sq. ft.
- 12 Internal Warehouses with bathroom
- 4 External Warehouses/ Showrooms with road frontage
- Rental income from the property is AED 1,600,000 with anticipated annual increases of 5-10% per annum for the coming financial year.

This a fantastic investment opportunity with long term tenants in place and will provide a great return to the investor.

Please reach out to CRC Property to obtain comprehensive information and arrange a viewing.

Company name: BH CRC Real Estate
RERA ORN: 23624
Address: Marina Plaza, Office 2106, Dubai Marina, Dubai - UAE
Office phone no: 600 56 6224
Primary email: customercare@crcproperty.com
Website: crcproperty.com

Call +971 600 56 6224 or email us customercare@crcproperty.com for further details.

Property details

Property Type

Warehouse

Property Size

47,300 sqft / 4,394 sqm