COMMERCIAL BUILDING FOR SALE, On Kamraj Road, Shivaji Nagar, Bangalore Central. 4 Floor Commercial Building for Sale, Built on 30×50 west facing plot, With 4600 Sqft of Rent-able Space. Situated on Heritage Kamraj Road, walk-able from Commercial Street (500 meters), 750 Meters from Russel Market and 1 KM from MG Road and Brigade Road.
West Facing Site with 30 Feet Wide towards the Main Road. The building is 18 years old and is built 4 Floors with Lower Ground Floor having 1200 Sqft of Rent-able space, Upper Ground Floor has 1000 Sqft of Showroom space, First and Second Floor also have 1200 Sqft of Office Space with 1 Floor completely installed with work stations and office set up. It has total 4600 Sqft of Carpet area (Rent-able) and 5100 Sqft of Built Up Area.
There are 3 Toilets made on terrace for use of tenants and staff and for water there is bore-well and cauvery water supply with over head tanks installed on top.
The Building is suitable for Investors as there is a minimum rental income of 2 Lakhs Expected as 2 Floors are fetching a rent of 1 Lakh currently, 2 more floors are empty currently and can fetch another 1 Lakh rent. Or it can be demolished and constructed as a new commercial tower (Showroom/Office Space) as per the requirement. As the building is old, the valuation is mainly done for the site at Rs. 20,000/- Per Sqft for 1500 Sqft of Land which is below the market price for on Kamraj Road.
For Site visit and details, do call us on the given numbers or submit request via “Send Message” Form.
Note: The location is for marked for reference only, not accurate location.