For sale — a fully rented residential investment building in Abu Shagara, Sharjah (opposite to NESTO)

About Property

For sale — a fully rented residential investment building in Abu Shagara, Sharjah (opposite to NESTO)
A ready-made investment building with a strong rental return of 9.5%, fully rented and in a vital location opposite to NESTO.
22 apartments within the G+3 permit, on a land of 5,000 feet and a building of 18,000 feet, with an elevator and the age of the property is 15 years.
Annual income: AED 450,000
Asking Price: AED 4,750,000 (Negotiable)
Ownership for citizens and Gulf nationals only.