This spacious warehouse offers everything you need for storage distribution, or manufacturing. This property presents a fantastic investment opportunity, especially for those seeking a high ROI leased asset in a vibrant industrial hub.
The warehouses themselves have small built-in office spaces with attached pantries and washrooms making them functional for SMEs that do not want to rent separate offices. Each warehouse is also fitted with a mechanical shutter door.
Each warehouse has an individual utility meter which makes the property very easy to manage as an investment as opposed to properties with common meters.
It is worth noting that the size above does not include any substantial mezzanine level which leads me to believe there is an improvement opportunity whereby a nominal investment can significantly increase the earning potential of this property.
An access road was added right behind the property making it so you can reach Sheikh Zayed Road (E11) within 3-4 minutes from the property. The same road also connects to Sheikh Mohammed Bin Zayed Road (E311). Both roads are integral for travel within Dubai, as well as across Emirates.
Key Features:
*Plot Size (approx.): 215,000 sq.ft.
*BUA Size (approx.): 128,728.19 sq. ft.
*Ownership Type: Leasehold (20 Years - Renewable)
*Buildings: 4
*Leasable Units*: 24 + Office
*Unit Sizes (approx.): 2,209-6,884 sq.ft.
*Fittings: Offices, Pantry and Washroom
*High ceilings and spacious layout
*Utility: Loading/Unloading Area and Electrical Lights
*Security: 24x7 Security, Boundary Walls and Interlock, Smoke Detector and Sprinkler System Provided
*Civil Defense Approved
Selling Price: AED 52,700,000/-
Average ROI is 11% net with an opportunity to go much higher, contact us to discuss in detail.
Public transport: Technology Park is located near Al Maktoum International Airport and Jebel Ali Port in the heart of Dubai's industrial area and is a tech-hub and free trade zone region developed with the aim of promoting and developing the prosperity of these sectors.
The property is located within Technology Park, a vibrant tech hub and free trade zone nestled alongside Al Maktoum International Airport and Jebel Ali Port, at the heart of Dubai's industrial hub. This strategic location is meticulously crafted to propel the growth and innovation of pivotal industries, with the goal of elevating prosperity within these sectors.
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Features / Amenities
The information is given according to data from the developer
Posted on 9 April (11 days ago)
ID 656363
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