Property Brief

Seagate Properties proudly presents and excellent investment opportunity in Ajman freehold residential building for sale, is a prime property situated at the vibrant intersection of Sharjah and Ajman in the bustling Al Nuaimiya area. This seven-year-old building stands as a testament to modern architectural design and offers a lucrative investment opportunity. Boasting a strategic location on the main street, this fully rented building is an attractive prospect for investors seeking steady returns. Key Details: Certificate of completion: January 25, 2016 Land area: 6,400 square feet Building area: 70,000 square feet Height of building: G+10 Configuration: Ground floor + 2 parking levels + mezzanine + 8 floors Apartment Configuration: 28 one-bedroom and hall apartments, rented for AED 26,000 each 14 two-bedroom and hall apartments, rented for AED 32,000 each 4 three-bedroom and hall apartments, rented for AED 45,000 each 30 rented car parking spaces, generating additional income Financial Highlights: Current annual income: AED 1,350,000 Offered price: AED 15 million (slightly negotiable) Ownership Details: Freehold property open to all nationalities Flexible financing options available, including bank or cash financing Note: All necessary building documents, including rental statements, will be provided to the buyer upon inspection. A deposit cheque from the buyer is required for confirmation. This property represents not only a sound investment opportunity but also a chance to own a piece of prime real estate in a rapidly developing area. Don't miss out on this chance to secure your future with a lucrative asset. For more information kindly call Mr. Tariq Property expert and Marketing Manager Mobile +971504752777 Seagate Properties Office 501 Sama Building Al Barsha 1

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  • Property Type : Factory
  • Property Status :For Sale
  • Price : $4,087,193.46 Price Per Unit: $0.00/
  • Property Size : 70000 sqft
  • Operating Since : May 04,2024
  • City : Al Nuaimiya
  • Bedrooms :
  • Bathrooms :

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