Prime Commercial Property for Sale in Alwarpet's Posh Area | 6.8 Grounds Land with Commercial Buildings
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| Property Type | Standalone Building |
| Land Area | 16320 Square Feet |
| Built up area | 18720 Square Feet |
| Power Supply | |
| Property Description: Commercial Buildings for Sale in Alwarpet's Posh Area | 6.8 Grounds Land with Excellent Potential Discover a prime opportunity in Alwarpet's posh area with this commercial property offering. Located on 1st Cross Street, near the prominent TTK Road and connecting to Chittaranjan Road, this property boasts a highly desirable location. Additionally, it sits on a generous 6.8 grounds (approximately 18,720 sq.ft) of land with an impressive frontage of around 80 feet, facing the south. The property features two buildings, each comprising G+2 and G+1 floors, and while they may be old, they offer a substantial built-up area of 27,000 sq.ft. Currently, the property generates a rental income of approximately Rs. 10 lakhs, and with full occupancy, it has the potential to yield an estimated rent of Rs. 14 lakhs to 15 lakhs. Considering a sale, the landlord expects a price of Rs. 8.50 crores per ground, which is negotiable. It's important to note that the landlord will retain 1 ground of land with a building. The payment terms and the possibility of tenant vacating can be discussed during a meeting. If you're seeking a lucrative investment opportunity in a highly sought-after location, this property in Alwarpet's posh area is worth exploring. The landlord is open to considering a good offer price that aligns with their expectations. Reach out today to seize this promising investment! Tags: #AlwarpetCommercialProperty #PoshAreaInvestment #CommercialBuildingsForSale #PrimeLocationInvestment #AlwarpetPropertyDeal |
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| Ref. No | SCO/MYL-297799 (MYL) |
| Approved By | Mallikarjun Reddy K |
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