At Vakola
Residential Flat
Sale | Pre Lease
4.5 % Return Residential Pre-Leased 3 BHK Flat for Sale in Vakola Santacruz East
4.50 Cr
3 bhk, 936 Sq-ft
Santacruz East, Vakola
Investment, Pre-Leased Property
A Residential Pre Leased Property with an exceptionally High Return
3 Pre Leased Units Available for Sale
A fully furnished, Pre-Leased 3 BHK residential flat is available for sale in New Building Vakola, Santacruz East, Mumbai.
Leased to a IT company for its staff, with its offices at BKC
Due to the close proximity to BKC
The property offers a carpet area of 936 sq ft with an additional 205 sq ft of balcony space, totalling 1,141 sq ft of usable carpet area.
Priced at Rs. 4,50,00,000, the sale price is inclusive of parking, stamp duty, one year of maintenance, all furniture, and white goods.
The flat is currently leased to a corporate company at a monthly rent of Rs. 1,70,000 with a 3-month deposit and 5% yearly escalation, offering an approximate ROI of 4.5%.
The lease agreement is for 3 years with a 1-year lock-in period, making this an attractive investment opportunity with a stable corporate tenant already in place.