Chance Deals For Investor’s to Earn 275000 Rs Rent Per Month: • Area: 3200 Sq. Ft. • Floors: Ground, Mezzanine Loft, plus two story Commercial Building with Roof. • Location: Located at cloth market near M. W. Tower, M. A. Jinnah Road, Karachi-Pakistan. • Rent Agreement: Given to bank on Rent for 8 years starting from June 2006. • Advance Rent: In two portions of 4 years each in advance, of which first portion received by owner in June 2006. • Next 4 years advance rent: will receive in single installment of almost 16.8 million Rs. in June 2010. • Current Rent: 275000 Rs per month with 10% Annual increase. Rent for the 8th year will increase up to 402000 Rs per month. • Area Under Bank Rent: Ground, mezzanine, first floor in bank rent / possession, second floor and roof will be handed over empty to the interested buyer, in future second floor can also be given to bank on rent . • Property Value: Current market value of similar property in an Area, ground @ 45000 Rs per sq. ft., upper floors @ 6000 to 8000 Rs per sq. ft. For further details please contact: Asif Cell: 03008273969 03218273969 E-mail: asifsherwani@hotmail.com asifsherwani@gmail.com asifsherwani@yahoo.com
Required for: | Sale |
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Commercial Measuring: | 3200 "Square Feet" |
Location/Area: | M.A. Jinnah Road |
City: | KARACHI |
Date Posted: | Jun. 20, 2009 |
If you are interested, please use the information below to contact the buyer: