Prime commercial building for sale Jauhar Chowrangi Road

Description

Prime Commercial Building for Sale Gulshan Chowrangi, Karachi An exceptional investment opportunity in one of Karachis most sought-after commercial locations, near Gulshan Chowrangi. This well-maintained building is fully rented and generating strong, consistent income with excellent future growth potential. The ground floor is occupied by Bank Alfalah, a highly reputable tenant, paying a monthly rent of PKR 777,000 under a long-term 15-year lease agreement, with 5 years remainingensuring stability and reliability of income. The upper floors consist of 8 well-designed office units (2 offices per floor), each offering approximately 1,350 sq. ft. of covered area. The offices are fully leased, contributing to a significant increase in rental income, which has recently risen by PKR 400,000500,000. Additionally, the rooftop is leased, providing an extra stream of revenue. The building is equipped with a lift, ensuring convenience and accessibility for all tenants. Key Highlights: * Plot Size: 320 sq. yards * Prime Location: Near Gulshan Chowrangi * Ground Floor Tenant: Bank Alfalah * Total Monthly Rental Income: Approx. PKR 1.9 Million * Strong Rental Growth: Recently increased by PKR 400K500K * Fully Occupied Offices: 8 units (1,350 sq. ft. each) * Rooftop leased for additional income * Lift installed Asking Price: PKR 58 Crore This is a high-yield, secure investment ideal for buyers seeking steady rental income with long-term appreciation potential.

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Jauhar Chowrangi Road, Gulshan-e-Iqbal Town