Prime Commercial Property For Sale In Bangalore

Listing ID: BB019315
Posted By: Third party
Last Active: 4 weeks ago
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About Business

They offer a business park with a total leasable area of 156,000 sq. ft., split into Phase 1 and Phase 2. The park includes a range of infrastructure suitable for commercial leasing.

Clientele type

They have existing tenants generating the rental yield for Phase 1. Potential clients include investors looking for high-yield commercial properties.

Premises

OWNED

Premise Size: 156130 sq. ft

Market Value (in INR): 150.00 Cr

Asking Price Includes

The deal includes Phase 1 property of 115,130 sq. ft., Phase 2 property of 41,000 sq. ft. along with all necessary plan sanctions and statutory permissions

Reason

A Preleased Business Park for Sale. The Infrastructure spans around 156000 Sq ft leasable area. Total cost INR 150 crore with a combined rental yield of INR 12 crore per annum.

More Details

Property Investment Overview:

Phase 1:
Size: 115,130 sq. ft.
Current Rental Yield: INR 8.38 crore per annum (including CAM charges).
Sale Price: INR130 crore (slightly negotiable).

Phase 2:
Size: 41,000 sq. ft.
Projected Rental Yield: INR 4.09 crore per annum (including CAM charges).
Additional Cost: INR 20 crore (payable over 12 months as construction progresses).
Construction Timeline: 12 months from the start.

Options for Purchase:
Phase 1 Only: Available for INR 130 crore.
Phase 1 and Phase 2 Combined: Total investment of INR150 crore, with a combined rental yield of approximately INR 12 crore per annum.

Additional Details:
All plan sanctions and statutory permissions are in place.
Interested buyer purchase only Phase 1 for INR 130 Cr (slightly negotiable) with a rental yield of INR 8.38 Cr PA. Phase 2 can be added for an additional INR 20 Cr (payable over 12 months), generating an extra INR 4 Cr PA in rental income. The total cost for both phases is INR 150 Cr (slightly negotiable based on payment structure).

Business Tags

Prime Commercial Property For Sale In Bangalore

₹10 to ₹200 Cr

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