A Ground floor Shop located in Bahria Town Phase 8 Business District is available for sale at an attractive price. The shop has great potential for high monthly rent which is expected to increase.
project details: Bahria Town
Bahria Town Phase 8 Business District is currently among the top real estate hot spots in Islamabad and Rawalpindi. Numerous leading real estate projects are under development in that locale and many have established their business already.
The shop available for sale is located on the Ground Floor of a plaza shown in the images below.
The current tenant of the shop, a reputable bank has the shop on a long-term lease argeement for 12 years which ensures a steady rental income in coming years. In short, the shop is not only a suitable investment option in an emerging commercial hub but also provides you with a steady source of income for upcoming years.
The current rent of the Shop is Rs. 90,000 which is expected to increase to Rs. 102,000 by October 2024. On top of that, the expected capital gain of the shop is around 8.5% per year.
Why should you invest in the Shop in Bahria Town Phase 8 Business District?
- Secure Investment: The shop is already leased to a reputable bank at a long term lease agreement of around 12 years. This proves the credibility of the property unit.
- Value for Money: The expected capital gain of the shop is around 8.5% per year in the area. This makes the property’s price robust to market conditions, lowering the market risk.
- Prime Location: The property building is located in a prime location in Bahria Town Phase 8 Business District giving it high visibility and high foot traffic.
- Consistent Income: The long-term lease also provides a safe-side towards rental income as you don’t need to worry about finding a tenant or doing maintenance right after making the purchase.
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