Rajpath club
Showroom

Property ID:

AHMSHO0062

Tenant Sector:

Gym & Fitness

ROI:

6.01%

NET ROI

6.07%

Annual Rent

₹26,36,400

Rent per Super Built-up Area

50.00
OTHER DETAILS

Price

₹ 4.39 Cr
Monthly Rent : ₹2,19,700

Carpet Area

2,417 sq. ft.

Super Built-up Area

4,394 sq. ft.
Showroom

Purchase price

0.00 Crore

Avg. Rental Yield

7.50%

Price per sq. ft.

-

Financials

Current Net ROI

-

IRR

12.03%

Investment Multiple

1.00

Total Equity Investment

₹4,69,75,611

Purchase Price

0.00 Crore

Appreciation

0%

Down Payment

100%

Loan Period (in years)

10 years

Interest Rate (p.a.)

0%
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Description

This property is situated at prime commercial location of Ahmedabad. Tenant is fitness studio brand & has occupied 2 units.

Lease Agreement Terms

  • Tenant Type:

    Gym & Fitness
  • Lease tenure:

    9 years
  • Lockin Period:

    2 years
  • Rent Escalation:

    15% every 3 years
  • Security Deposit:

    ₹4,39,400(2 Months)
  • Property Tax Paid By:

    Owner
  • Maintenance Cost Paid By:

    Owner

Lease Timeline

Lease Start Date:

2021-10-01

Lockin End Date:

2023-10-01

Lease End Date:

2030-09-30

Monthly Rent

₹2,19,700

Ending Monthly Rent

-

Rent per sq. ft.

₹91

Price per sq. ft.

-

Pricing

Purchase price

Purchase Price:

₹0

Reg. + Stamp Duty:

-

Brokerage Charges:

₹0

Total Investment:

₹0

Financial Model

DownloadROI Model

Reply To The Listing

4.39 Cr

Showroom