2 Commercial Shops Available For Sale in Gulshan-e-Iqbal Block 10, *High Rental Income Property at a Prime Location of Karachi* Gulshan-e-Iqbal Block 10
PKR 10 Crore
Gulshan-e-Iqbal - Block 10, Gulshan-e-Iqbal
9 Marla
Gulshan-e-Iqbal - Block 10, Gulshan-e-Iqbal
PKR 10 Crore
9 Marla
•For Sale•Updated 16 hours ago
Description
*High Rental Income Property at a Prime Location of Karachi*
*Property Size:* 2000 Sqft (2 Shops of 1000sqft each)
*Bank Name:* Halan Bank (International Chain)
*Building Name:* United Castle (99 Years Leased)
*Agreement Time:* From 2022 Rental for 10 Years till 2032 (Renewable for another 10 Years)
*Brand New Corner Building:* Completion Plan 2018
*Address:* United Castle, AR1 Block 10 Gulshan e Iqbal, Main Rashid Minhas Road, Nepa Chowrangi (Next to Sindbad), Karachi.
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### Rent Details:
* *Yearly Rent Increase:* 10%
* *Gross Yearly Rent:* Rs. 67 Lac
* *Net Yearly Rent:* Rs. 54 Lac
* *Monthly Gross Rent:* Rs. 5,65,000
* *Monthly Net Rent:* Rs. 4,52,000
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### Key Highlights:
* Highest ROI
* Complete Documents
* First Ownership
* 40ft Front & Depth 60ft
* Extra Land of 200sqft (Approx)
* 200ft Road Facing
* No Additional Tax
* 24/7 Electricity supply (No Load Shedding)
* 24/7 Water Line Supply
* Huge Car Parking Space
* Separate Entrance & Emergency Exit
* Easy Public Transport Access
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### Location Perks:
* Premium Location next to City Largest Amusement Sindbad's Wonderland Amusement Park
* Surrounded by popular retail outlets, offices, banks, and residential areas
* Main Rashid Minhas Road
* The Property has one side with a community Park
* Future Potential Clients can be Restaurants, Cafe, Bakery, Parlour, Boutique, Superstore etc.