Hostel Building For Sale With Established Girls Hostel Royal Avenue
PKR 8 Crore
Royal Avenue, Islamabad
10 Marla
Royal Avenue, Islamabad
PKR 8 Crore
10 Marla
•For Sale•Updated 9 hours ago
Description
Rare opportunity to acquire a thriving girls' hostel with a proven track record of success! This well-maintained building is fully furnished and equipped to provide a comfortable and secure living environment for its residents.
*Key Features:*
- 22 rooms with 56 beds
- Fully furnished with beds, mattresses, wardrobes, and study tables
- Common areas include a dining hall, kitchen, lounge, and recreational spaces
- Modern amenities such as Wi-Fi, laundry facilities, security cameras
- Prime location with easy access to [local transportation that will carry you to all major universities, hospitals and other public spots of Rawalpindi Islamabad
- On a walking distance from schools like Roots IV, many well-known colleges, and universities like *King Hamad University, Comsats* and others.
- Solar System Installation in progress.
*Business Highlights:*
- Established reputation with a consistent occupancy rate of 75-80%
- Strong demand from students and working professionals.
- Potential for revenue growth through rate increases and expansion
*Building Details:*
- 3 Number of floors.
- Construction completed in mid of year 2022
- two hallways with open air spaces in front and back of each floor to provide fresh air to each room of the building
*Asking Price* 80,000,000/- (8 cr)
*Monthly Rent*
This Hostel is rented out to a reputed group at a rent of 300,000/- (3 lac) per month
Don't miss this exceptional opportunity to own a profitable business and a valuable property! Contact us for more information and to schedule a viewing.