Building on Exhibition Road For Sale

key Features: Prime Location: Direct frontage on Exhibition Road ensures the highest levels of visibility and tenant demand. Dual Frontage: Unique design provides access from both the main street and a rear street, facilitating easy access for shops and tenants. Building Composition: Ground floor includes 7 commercial shops, in addition to 4 residential floors containing 16 apartments. A brand-new elevator has been recently installed. Convenient Parking: Ample public parking is available at both the front and rear to serve tenants and customers. INVESTMENT HIGHLIGHT: Growing returns with a clear plan This is a unique opportunity to acquire an investment asset with a well-defined growth strategy: Secure Investment Foundation: The building is fully rented at special discounted rates (a result of COVID-period contracts), representing a clear opportunity for increasing returns. Documented Growth Plan: Clear agreements exist to increase commercial shop rents annually up to BHD 600. Residential apartment rents will be updated upon lease renewal starting from BHD 250. Full Transparency: Serious investors will be provided with the current (2024) and projected (2029) rental schedules to demonstrate the planned trajectory of investment returns. Financial Summary: Current Monthly Income: BHD 4,300 Projected Monthly Income: BHD 6,400 Plot Area: 345 m² Deewania Real Estate Center Tel: [redacted phone number], [redacted phone number] key Features: Prime Location: A high-traffic spot on Exhibition Road, ensuring constant visibility and tenant demand. Dual Frontage: Unique access from both the main road and a rear street, maximizing convenience for shops and tenants. Building Composition: Ground floor with 7 commercial shops, plus 4 residential floors with 16 flats. A brand new elevator was recently installed. Convenient Parking: Ample public parking is available at the front and rear for tenants and customers. INVESTMENT HIGHLIGHT: A Clear Path to Growing Returns This is a unique opportunity to acquire an asset with a built-in growth strategy: Secure Investment Foundation: The building is fully rented at special below-market rates (a result of COVID-era contracts), presenting a unique opportunity for significant rental uplift. Documented Growth Plan: Clear agreements are in place to increase shop rents to BHD 600. Apartment leases will be renewed at new market rates starting from BHD 250. Full Transparency: The current (2024) and projected (2029) rent schedules will be provided to serious investors, offering a clear, data-backed view of the property's income growth trajectory. Financial Summary: Current Monthly Income: BHD 4,300 Projected Monthly Income: BHD 6,400 Plot Area: 345 m² For serious inquiries and to review the rent schedules, please contact us: Deewania Estate Agency Tel: [redacted phone number], [redacted phone number]