A pre-leased commercial property in Mumbai is available for sale. The property is given to a bank for office work on the monthly rent of Rs. 7.45 Lakhs. It has car parking area for 5 cars, built up area of 488 sq.mt. and covered area of 3783 sq.ft. The lease was started in Oct, 2018 for five years till Oct, 2023 with the same lock'in period. The rent escalation on the property is 5% every year. The tax & maintenance expenses are being paid mutually between the owner and the tenant. The security deposit taken from the bank is Rs. 60 Lakhs and the rate of interest is 8.6% annually on it.

. It has car parking area for 5 cars, built up area of 488 sq.mt. and covered area of 3783 sq.ft.

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A pre-leased commercial property in Mumbai is available for sale. The property is given to a bank for office work on the monthly rent of Rs. 7.45 Lakhs. It has car parking area for 5 cars, built up area of 488 sq.mt. and covered area of 3783 sq.ft. The lease was started in Oct, 2018 for five years till Oct, 2023 with the same lock'in period. The rent escalation on the property is 5% every year. The tax & maintenance expenses are being paid mutually between the owner and the tenant. The security deposit taken from the bank is Rs. 60 Lakhs and the rate of interest is 8.6% annually on it.

yes there is growth potential in the business

We are interested to purchase new property.

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