Life Time Investment Opportunity Rented for 5 years
Office For Sale29,175,000 AED
Area Sq. M.1964.15
Property DescriptionRef # : SL240420-356891
Onyx Tower is situated on main Sheikh Zayed road, right next to Emaar Business Park. This particular office is a full floor and is rented to a big corporate for 5 years. It is rented in One Cheque / Year. Next year rent will be increase for almost 5%. The tenant has done fit out and spends millions in the fit out, which means they are not going to move out for the next 10 to 15 years. Current Return on Investment (ROI) almost 9% and it will increase next year as well. Amazing opportunity if you are looking for a long term fixed rental income.
This prestigious building is a Grade A building with Jumeirah hotel attached to it. The building offers very good retail mix, which consists of Food and Beverages, supermarket, Salon, Clinic, Pet shop and many other activities. This floor has 360% views of Emaar business Park, Golf course, Sheikh Zayed road and Marina Skyline as well.
Coldwell Banker RERA ORN: 1201 Address: Office 2804, Citadel Tower, Business Bay, Dubai Office phone no: +971 (4) 4391200 Office fax no: +971 (4) 4391299 Primary email: firstname.lastname@example.org Website: www.coldwellbanker.ae Company Profile: Known for its professionalism and knowledge of the markets, Coldwell Banker secures its title of being one of the largest real estate franchises with over 3600 offices and 106,000 sales associates globally. PROPERTY FEATURES: -Basement parking -Central air conditioning -View of golf course -24 hours Maintenance -Bank/ATM Facility -Beach Access -Bus services -Business Center -Metro station -Public park -Public transport -Restaurants -Shops