AED 27,000,000
Own this from just
97,171 AED/month90,188 sqft / 8,379 sqm
WHOLE BUILDING FOR SALE IN INDUSTRIAL AREA 2, SHARJAH INDUSTRIAL AREA- High Yield Investment
- Prime Location
- Corner Plot
- Close to Sharjah and Dubai border
Savills Real Estate is proud to offer this fully leased mixed use investment opportunity, located in Industrial Area 2, Sharjah. The property comprises 75 residential apartments, a small worker camp, 14 retail units across 2 buildings, a G+1 commercial building previously used as a jewellery factory and 8 warehouses.
Property Highlights:
Mixed-use (Residential, Commercial, and Industrial permission)
Height: G+5
Plot Area: 90,188.33 sqft
Close to Sharjah - Dubai border
Corner plot, opposite SEDANA
Occupancy: 95%
Current Net income: AED 3,000,000/-
Gross Market Rent: AED 4,100,000/-
Asking price: AED 27,000,000/-
Net yield of over 11% on reversion.
*Agency fee is applicable
For additional information and viewing arrangements, please call us at +971 6 5723794.
Company name: SAVILLS Middle East
Address: 2701-C Al Marzouqi Towers, King Faisal Street, Sharjah, UAE P.O.Box 3616
Email: leasing.shj@savills.me
Website: [link not available]
Founded in 1855, SAVILLS is a global real estate firm with more than 35,000 staff and 600 offices worldwide. In the Middle East, we have been the regional leader and real estate advisor of choice for over 42 years. The team provides an array of specialist services including strategic consultancy, valuations, residential sales and leasing, commercial sales and leasing, property and facilities management, international tenant representation, international residential and market research.
High Yield Investment | Prime Location
- Prime Location
- Corner Plot
- Close to Sharjah and Dubai border
Savills Real Estate is proud to offer this fully leased mixed use investment opportunity, located in Industrial Area 2, Sharjah. The property comprises 75 residential apartments, a small worker camp, 14 retail units across 2 buildings, a G+1 commercial building previously used as a jewellery factory and 8 warehouses.
Property Highlights:
Mixed-use (Residential, Commercial, and Industrial permission)
Height: G+5
Plot Area: 90,188.33 sqft
Close to Sharjah - Dubai border
Corner plot, opposite SEDANA
Occupancy: 95%
Current Net income: AED 3,000,000/-
Gross Market Rent: AED 4,100,000/-
Asking price: AED 27,000,000/-
Net yield of over 11% on reversion.
*Agency fee is applicable
For additional information and viewing arrangements, please call us at +971 6 5723794.
Company name: SAVILLS Middle East
Address: 2701-C Al Marzouqi Towers, King Faisal Street, Sharjah, UAE P.O.Box 3616
Email: leasing.shj@savills.me
Website: [link not available]
Founded in 1855, SAVILLS is a global real estate firm with more than 35,000 staff and 600 offices worldwide. In the Middle East, we have been the regional leader and real estate advisor of choice for over 42 years. The team provides an array of specialist services including strategic consultancy, valuations, residential sales and leasing, commercial sales and leasing, property and facilities management, international tenant representation, international residential and market research.
Property details
Property Type
Whole Building
Property Size
90,188 sqft / 8,379 sqm
Location
Provided by
John Paulo Reyes
No ratings
Savills Sharjah Commercial
See all properties (104)Experience
11 years
Languages
English, Tagalog
Get the right mortgage for you
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Monthly payment
97,171 AED
with interest rate of
3.75%
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Regulatory information
Reference
S278317
Listed
1 month ago
Broker License
23055
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