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Hotels 6762 Sq.ft. for Sale in Giri Nagar 1st Phase, Banashankari, Bangalore

Hotels 6762 Sq.ft. for Sale in Giri Nagar 1st Phase, Banashankari, Bangalore
Listing ID #947956

  • 3 Washs
  • 6762 Sq.ft.
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Property Overview

  • Location Banashankari, Giri Nagar 1st Phase, Banashankari, Bangalore
  • Washrooms 3 Baths
  • Built Up Area 6762 Sq.ft.
  • Ownership Individual
  • Sale Type New
  • Type Hotels
  • Total Floors 3
  • Sale Type New
  • Ownership Individual
  • Total Floors 3
  • check Corner Property
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Amenities

    • Car ParkingCar Parking
    • Power BackupPower Backup
    • LiftLift
    • Vastu CompliantVastu Compliant

Landmark

  • Hospitals 1 kms
  • Airport 30 kms
  • Railway Station 3 kms
  • School 1 kms
  • Shopping Mall 1 kms

Property Description

North facing, Basement + Ground Flr + 3 Flrs commercial + Residential building of 6762 sft built up area, built on BDA Site of Size 2189sft facing 60feet Main Road. Corner property. Completley rented out and earning nearly 1.4 lakhs rent per month even in this covid time, otherwise normal rent return will be 2.3 lakhs per month which can be made by escalating rent or changing tenants after purchase by the buyer.
Vacant Site value in this Girinagar area facing 60ft Road is Rs.20,000/sft, so for overall building with rent income is by all means a profit for the buyer.
Frontage is 40ft, Building is rented as shown below.
# Basement : Car Park
# Ground Flr rented to Fast food
# First Floor rented to dine in hotel.
# Second Floor is of 2 Flats of 2bhk each rented out
# Third Floor is of 3 bhk flat and is rented out.
Total building plus site value is above 5.15 cr as per existing market rate but because of covid and sale for only selected buyer, property is negotiable to little extent.

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About Agent Details

KRH Associates

Bsk, Bangalore
+91-96320xxxxx
  • 4 Properties For Sale
  • 4 Properties For Rent
  • Rera Reg No.
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