Multan, Well sought Commercial Property in one of the most affluent neighborhood in Cant area on Shahrahi Quaidi Azam (Mall Road) in Mall Shopping Center. Three shops, 1, 2, and 3 are combined together and rented out to United Bank. The rent is 75,000/month. THE DEMAND FOR ALL THREE SHOPS IS 11,900,000.
Multan. 30 marla, 2 story corner house,8,200 sq ft covered area with 9 rooms, 2 halls 5 bathrooms, 2 stores and 1 kitchen on 1st floor and 11 rooms, 1 hall, 5 bathrooms, 1 store, and 1 kitchen on 2nd floor, in one of the most explosive growth area off of Khanewal Road (all the new businesses, schools, and offices are moving on Khanewal road) close to Ali General Hospital. The house is rented to international medicine co. The monthly rent is approx. 55,000. The tenants are there since 1996 with current lease expiring on Sept. 2011 with an option to renew at 25% increase for this long term tenant. The price of land in that area is approx. 4 laks per marla, 1000/marla/sq. ft construction and the demand is 2 Crore.
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Aamir replied on Thursday, February 17, 2011 05:19 PM
Exact location of shops, please. Are these in front of round about opposite to Shanrila Bakers. |
Zia Rehman replied on Friday, February 18, 2011 07:51 AM
Shangrilla Bakers moved from that round about to Mall Shopping Plaza, the same shopping plaza in which these shops are for sale. Shangrilla Bakers is about 10 shops aways from the shops that are being sold. Also, Shangrilla Bakers has the exact same arrangement. 3 shops are combined together to make one Shangrilla Bakers same as the one being sold.
Contact: Arif Qureshi - (Pak)
or Zia (US)
or Zia (Can)
or Zia (KSA)
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