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Reference ID: CLS-S-1112
DED Licence Number: 23055
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Ras al Khaimah Ras al Khaimah >
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Posted on: 18th February 2019

10% net income from RAK Free zone complex

https://dbzstatic-a.akamaihd.net/.dist_ae3eabb519fe82e03ff4d68ac2fdfff9979a1954/ 9459541
AED 9,750,000
  • Size Size 25500.00
  • Price / SqFt: Price / SqFeet 382 AED
  • Property Reference CLS-S-1112


Cluttons is proud to offer exclusive investment opportunity into Industrial factory with office and labour accommodation on-site, strategically located in the Ras Al Khaimah Enterprise Zone

  • Currently rented out to a blue-chip UK-owned aviation company
  • Consists of an on-site factory, offices and labour accommodation
  • Warehouse built-up area of 27,500 sqft plus 8,000 sqft mezzanine and 9,560 sqft G + 1 attached office
  • G+1 staff accommodation with built-up area of 7,850 sqft
  • Total plot area 79,100 sqft
  • Immediate returns at 10% through current tenancy
  • 2 years advance PDCs in hand
  • EHS/Civil Defense approvals up to date
  • 716KW - FEWA power connection
  • No transfer fees
  • Property current rental income is AED 1,000,000 NET
  • Plot is leased for 25 years starting from June 2014
  • Selling for AED 9,750,000 only (10%+ Net rental yield)

The road around the property has been completed

VIEW PROPERTY VIDEO: http://bit.ly/RAKFactory1

For Inquiries and Viewing, call our Sales Department on Show Phone Number
or call Mr Maqsoud at Show Phone Number


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