Fully Occupied staff accommodation (All studios) for Sale

For more options please click on below link

http://merlyns.co/

G+2, 151 Studio in 2 Blocks

Fully Occupied with ready income available for sale at DIP

All rooms with attached washroom and common kitchen at Ground Floor

Total number of rooms & camp amenities                             :  151

Total number of capacity                                                           :   A Block – 310 Pax and B Block –  225

Land lease period                                                                         : 35 Years

Land lease amount                                                                      : AED 221,323.20/-(Yearly)

Pot area                                                                                         :  40516.11 sqft

Built up area                                                                                 : A Block –  29226.84 sqft  – B Block – 21937.89sqft

Expected sale price                                                                      : AED 25 Million.

Current Gross Rent                                                                      : AED 3.2 Million(Yearly)

Current Net Rent                                                                         : AED 1.6 Million(Yearly).

Agency Fee                                                                                    : 2% of the sale value