Shop for Sale in Seawood

This is a commercial shop for sale in Seawood, located behind Palm Beach Road and opposite Turbhe station. The property includes a carpet area of 1692 Sq Ft plus an additional 3600 Sq Ft, making a combined carpet area of 5292 Sq Ft along with Otla extra. It is located in an A Grade building with a ceiling height of 14 feet and comes as a fully furnished property.

Property Details

• Located opposite Turbhe station with road access of 15+15 metres
• Carpet area totals 5432 Sq Ft as mentioned separately in the message
• Full furnishing provided in the shop
• 6 reserved car parking spaces included
• The property is currently leased to a Japanese MNC with 5 years agreement and 3 years lock-in period
• Monthly rental income is Rs. 9,12,576 plus GST with 5% escalation annually
• Society maintenance and MIDC sub-letting charges are by licensee while property tax is by licensor
• No GST applicable on the sale price

The price is non-negotiable and stated as Rs. 32 crore. The property has a good return on investment with 7% net pre-lease rental income. A security deposit of 6 months is applicable. For site visit or more details, contact AV Properties.