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Property Description
This is a commercial property available for sale in Malad West, spanning 23000 sq ft built-up area and 18000 sq ft carpet area. The property features a grade A tenant with a stable rent agreement in place, generating a monthly rent of 24 lakhs with a 5% annual increase over the past 10 years.
Property Details
- The property is a commercial building situated within SIPPY HOUSING
- It has a built-up area of 23000 sq ft and carpet area of 18000 sq ft
- Currently leased to a grade A tenant with a rental income of 24 lakhs per month
- Rental agreement includes a 5% increase every year
- Deposit amount for the lease is 97 lakhs
The property is being offered at a price of 41 crores. For site visit or more details, contact AV Properties.
Frequently Asked Questions
The commercial property in Malad West is available for sale at a price of Rs. 41 crores.