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Overview
- Type of Property: Commercial Office
- City: Mumbai
- Rental Returns: 8% +
- Budget (ticket value): 1 Cr - 5 Cr, 5 Cr - 10 Cr, 10 Cr - 25 Cr
- Contact Us regarding this listing
Location: Fort Property Details: (2 properties of 2200 sq.ft each) Tenant Reputed Company Area (Salable) 2,200 sq.ft Area (Carpet) 1,100 sq.ft Gross Rent/ month (Rs) 4,27,000 Escalation in Rent 15% every 3 years Deposit (Rs) 25,62,000 Agreement Period 3+5 yrs Lock in 3 years Agreement Start date 01-Apr-14 Total Income / Month (A) 4,48,350 Plug and Play office Expenses Property Tax & CAM / Month (Rs) – tenant Service Tax (Rs) 0 tenant Total Expenses / month (B) – tenant Net Income / month: (A-B) 4,48,350 Net Income / Annum 53,80,200 Value of the property: 6,75,00,000 (2 properties of 6.75 cr each) LRD Loan : 3,35,50,000 Balance to pay 3,35,50,000 Rental Returns /annum 8.02 % Capital Appreciation /annum Avg 6% /annum Total Return on investment Avg 15 % /annum Property Code 1031 For more details contact
+91 9769 300 230
email: deal@preleasedreturns.com