Shop for sale 1200+1200+1200 Sq Ft in Gulistan-e-Johar Block 14 | High Rental Income Property Gulistan-e-Jauhar Block 14
PKR 23 Crore
Gulistan-e-Jauhar - Block 14, Gulistan-e-Jauhar
400 Sq. Yd.
Gulistan-e-Jauhar - Block 14, Gulistan-e-Jauhar
PKR 23 Crore
400 Sq. Yd.
•For Sale•Updated 1 days ago
Description
RENTAL SHOP FOR SALE - BLOCK 14, GULISTAN-E-JOHAR
Location: Block 14, Gulistan-e-Johar, Karachi
Size & Structure:
- Ground Floor: 1200 Sq Ft
- Mezzanine: 1200 Sq Ft
- Basement: 1200 Sq Ft
- Total Covered Area: 3600 Sq Ft
- Frontage: 20 x 60
Rental Details:
Currently rented out to a well-known brand. This is a pure investment deal with guaranteed monthly income.
- Current Rent Apr 2026: Rs. 10,30,500 / month
- Next Increment: Rs. 11,02,500 / month from Mar 2027
- Annual Increment: 7% fixed
- Note: This is net rent. Tax is paid separately via challan by tenant.
5 Year Rent Schedule:
- Year 1 Jun 2024: Rs. 9,00,000
- Year 2 May 2025: Rs. 9,63,000
- Year 3 Apr 2026: Rs. 10,30,500
- Year 4 Mar 2027: Rs. 11,02,500
- Year 5 Feb 2028: Rs. 11,80,000
Key Highlights:
- Prime Commercial Location: Block 14 is one of Johars busiest food/retail areas
- Triple Floor Setup: Ground + Mezzanine + Basement = Maximum utilization
- High ROI: Perfect for investors looking for passive income
- Ready Income: No vacancy, rent already coming in
This is a rare opportunity to own shops in a high-footfall location with a branded tenant and built-in rental growth.