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4.5M Commercial Plaza in Valencia Town at Attractive Price of 325Lacs,

(96898)
Saturday, February 27, 2016 07:09 AM 

Plaza is located on Main Road, H block Commercial Zone having direct access to Defense Road.

Having four stories i.e. Four Shops in Basement, Shops/Showroom at Ground Floor, Office at first floor and second floor is a two bed room apartment.

All Utilities are available including Sui Gas.

Excellent opportunity for Investment & Rental Income as Valencia Town is now fully populated and H block commercial zone is centrally located.

Price is very attractive as asking value of 1Kanal houses are even gone up to 350 lacs.

Reason of selling this property is need of funds required to sponsor an overseas project.

Please contact with LRE Mian Rashid (+92-302-8409967) for further details & I can be contacted at “” for any clarification.

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Zaheer replied on Saturday, February 27, 2016 09:56 AM 

What is the rental yield ? Please advise

Abdullah replied on Saturday, February 27, 2016 11:07 AM 

What is the current rental income?

Mazhar replied on Saturday, February 27, 2016 01:06 PM 

At present it is around 1lac per month and will be1.5lac per month once fully rented out.

Abdullah replied on Sunday, February 28, 2016 06:03 PM 

Rental yield is not impressive keeping in view investment of 3.25 crores

Mazhar replied on Monday, February 29, 2016 07:34 AM 

Rental yield of 1.5 lac per month of full building is 5.50% return per annum which is impressive in Pakistan. Property value and rental return is a cycle, in last 2-3 years property prices have gone very high and rental increase is now catching the pace and there will be significant increase in coming 1-2 years in all areas. Valencia Town commercial price is growing and it would give healthy returns in near future. Moreover, this price is negotiable for serious buyer.
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