Rented Office in Magnum Towers, Golf Course Extn. Road, Sector-58 Gurgaon

Features

  • 24 Hr Water
  • Air Conditioning
  • Banks
  • Fully Furnished
  • High Speed Internet
  • Lifts
  • Parking

Details

Unlock Lucrative Returns with Office Space for Sale in Gurgaon’s Magnum Towers

Are you searching for a profitable investment opportunity in Gurgaon’s thriving commercial real estate market? Look no further! Discover the potential of investing in an office space for sale located in the prestigious Magnum Towers on Golf Course Extn. Road, Sector-58, Gurgaon.

Property Overview:

  • Location: Magnum Towers, Golf Course Extn. Road, Sector-58, Gurgaon
  • Tenant: Corporate
  • Total Area: 3174 sqft
  • Area Available: 1170+102+1002= 3174 sqft
  • Rent: Rs. 68/- Per sq/ft
  • Return: 6.25%
  • Security Deposit: 4 Months Rent
  • Advance Rent: 1 Month
  • Lease Time: 9 years (3+3+3)
  • Lease Start: March 2021
  • Lock-in Period: 3 years
  • Rent Increase: 15% after every 3 years
  • Car Parking: 2 slots

Why Invest in this Office Space?

  1. Strategic Location: Situated in the esteemed Magnum Towers on Golf Course Extn. Road, Sector-58, Gurgaon, this office space enjoys excellent connectivity and accessibility, making it an ideal choice for businesses.
  2. Corporate Tenant: With a reputable corporate tenant occupying the space, investors can benefit from stable rental income and long-term occupancy, ensuring consistent returns on investment.
  3. Favorable Lease Terms: The property offers favorable lease terms, including a lease tenure of 9 years with a lock-in period of 3 years, providing security and stability to investors.
  4. Attractive Rental Yield: At a rent of Rs. 68/- per sq/ft, the office space boasts a competitive rental yield of 6.25%, offering investors a lucrative income stream.
  5. Rent Escalation: The lease agreement includes a provision for rent escalation, with a 15% increase after every 3 years, enabling investors to capitalize on rental appreciation over time.

Investment Considerations:

  • High Demand: Gurgaon’s commercial real estate market continues to witness strong demand, driven by its strategic location, robust infrastructure, and thriving business environment.
  • Potential for Appreciation: Investing in Magnum Towers presents an opportunity for capital appreciation, as Gurgaon’s real estate market has demonstrated steady growth over the years.
  • Stable Income: With a corporate tenant and favorable lease terms, investors can enjoy a stable income stream with minimal vacancy risk, enhancing the overall attractiveness of the investment.

Seize the opportunity to invest in this prime office space for sale in Magnum Towers, Gurgaon. With its strategic location, reputable tenant, favorable lease terms, and attractive rental yield, this property offers the perfect blend of security and profitability for discerning investors. Take the first step towards maximizing your returns and securing your financial future!

For more information and to schedule a site visit, contact us today!

  • ID: 4370
  • Published: April 6, 2024
  • Last Update: April 4, 2024
  • Views: 1042