First occupants building, leased under an investment contract. A major investment opportunity in the heart of Ajman, Al Nuaimiya 1 area, Kuwait Street
Residential building for sale, a fantastic investment opportunity in a strategic location in the heart of Ajman.
Residential investment building for sale - ready for immediate occupancy | Al Nuaimiya 2 - Ajman.
A fantastic investment opportunity in a prime location in the heart of Ajman!
Property Details:
* Location: Al Nuaimiya 2 - Ajman
* Land area: 3,600 sq ft
* Built-up area: 13,164 sq ft
* Number of units:
- 12 one-bedroom apartments
- 6 studios
* Building condition: Brand new - ready for immediate occupancy
Investment Information:
* Fully leased under a 3-year investment contract
* Annual contract value: AED 460,000
* Expected annual rental income: AED 600,000
* Net expenses
* Payment method: Cash
Asking price: AED 6,500,000 only.
Guaranteed investment.
Prime location close to all amenities.
Ready for immediate ownership.