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Property Description
This is a commercial property available for sale in Malad West, featuring a carpet area of 16100 sq ft usable space. The property is located on the 4th floor and comes with 15 reserved car parking spaces.
Property Details
- Located on the 4th floor
- Carpet area of 16100 sq ft usable space
- Includes 15 reserved car parking spaces
- Long term tenant since 2008 with a reputed MBA & BBA college
- Monthly rent currently Rs. 30 lakhs, increasing to Rs. 31.5 lakhs from 1.8.2026
- Rent escalation of 5% every year
- Deposit amount Rs. 2.42 crore
- Monthly outgoings of Rs. 2.70 lakhs paid by the owner
The property is offered at a sale price of Rs. 50.50 crore, which includes Rs. 1.50 crore for the 15 car parking spaces. A new lease agreement can be made for another 5 years from the time of purchase. For site visit or more details, contact AV Properties.
Frequently Asked Questions
The sale price of the commercial property in Malad West is Rs. 50.50 crore.