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Property Description
This is a commercial shop space available for sale in Malad West, spread over two carpet areas of 1412 and 1355 sqft respectively on the ground and first floors. The property is under a 9-year agreement lease with a 15% rent increase every 3 years, generating a monthly income of Rs. 8.73 lakh.
Property Details
- Located on the ground plus first floor (G+1)
- Total carpet area of 2767 sqft (1412+1355 sqft)
- Currently leased with a 9-year agreement
- Rental income of Rs. 8.73 lakh per month
- 15% rent escalation every 3 years
- Deposit amount of Rs. 35 lakh
The sale price is approximately Rs. 18.50 crore and a home mortgage loan is available. For site visit or more details, contact AV Properties.
Frequently Asked Questions
The shop in Malad West is available for sale at Rs. 18.50 crore.