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Property Description
This is a commercial investment property located near Kamala Mills in Lower Parel. The property consists of three floors including a basement, ground floor, and first floor, each having 3800 sq ft, totaling 11400 sq ft of commercial space. The asking price for this property is Rs. 35 Crores, making it a high-value investment opportunity in a sought-after commercial hub of Mumbai.
Property Details
- Basement, ground floor, and first floor each cover 3800 sq ft
- Generating rental income of Rs. 23 Lakhs per month
- 9 years lease agreement already in place
- Assured 9% return on investment
- 15% rental escalation every 3 years
This listing offers a stable commercial investment with a long-term lease and steady income. For site visit or more details, contact AV Properties.
Frequently Asked Questions
The asking price for this commercial property near Kamala Mills in Lower Parel is Rs. 35 Crores.