Property Description
This is a pre-leased commercial property available for sale in Juhu, located on Juhu Tara Road. The property offers a total usable carpet area of 1,800 sqft, comprising 600 sqft of interior carpet area and 1,200 sqft of exterior carpet area. It is presented as a low-maintenance commercial investment with an existing rental arrangement.
Property Details
- Located on Juhu Tara Road in Juhu.
- Offers 600 sqft of interior carpet area.
- Includes 1,200 sqft of exterior carpet area.
- Total usable carpet area is 1,800 sqft.
- The property is described as low maintenance.
- Current rental income is Rs. 4,50,000 per month plus GST, with TDS applicable.
- The lease includes a 5-year lock-in period.
- Annual escalation is 15% every three years.
- Total lease tenure is 5 years.
One day prior notice is required for a site visit, and a client profile is required before the visit. The deal is strictly side by side only. For site visit or more details, contact AV Properties.
