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Blackstone Gulf Real Estate presents a fully leased labour camp for sale at AED 20,000,000 in Al Sajaa Industrial Area, Sharjah. This income-generating investment offers AED 1.7 million in annual rental income, with potential for higher returns under direct management.
PROPERTY HIGHLIGHTS
– Sale Price: AED 20,000,000
– Location: Al Sajaa Industrial Area, Sharjah
– Plot Area: 41,441 sq ft
– BUA: Approx. 20,899 sq ft
– Configuration: 5 single-storey blocks
– Total Rooms: 104
– Occupancy: Fully leased
– Indicative Capacity: Up to 416 persons (4 per room), subject to authority approval
– Annual Rental Income: AED 1,700,000
– Tenancy Expiry: 14 October 2029
– Ownership: Title Deed – GCC Nationals Only
– Operating Expenses: Borne by the tenant
FACILITIES
Communal kitchens, dining areas, laundry facilities, shared toilets and showers, electrical and pump rooms, water supply, drainage and fire-safety infrastructure.
INVESTMENT POTENTIAL
Direct management could potentially achieve AED 2,900 per room monthly, equivalent to approximately AED 3.62 million in annual gross income at full occupancy, before operating expenses.
COMMERCIAL TERMS
Selling Price: AED 20,000,000
Agency Commission: 2% + 5% VAT on commission
DISCLAIMER
Images are for illustration only to maintain discretion. Private viewings available upon request.
ABOUT BLACKSTONE GULF
More than a full-service real estate firm, we are committed to maximising property investment returns while delivering exceptional client service.
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