| Description |
Preleased Showroom/Bank available for sale in Bund Garden, strategically located on a main road with over 100 ft frontage, making it ideal for premium retail showrooms. The property is spread over a plot area of 800 sq. mtrs. with a usable carpet area of 15,000 sq.ft. It generates a monthly rent of ?13,09,000/- with a security deposit of ?50,00,000/-. The rent commenced on 1st March 2021, with a 12% escalation effective from 1st September 2026, inCroreeasing the rent to ?14,66,080/- per month. The current lock-in has expired, and the lease is valid until 14th September 2029, with a term sheet already signed for a further 9-year extension, ensuring long-term stability. Roi - 6% , Maintenance is borne by the licensee, enhancing net returns. The property is equipped with a glass passenger elevator (Eros make), a car lift providing access to 2 basements, sufficient power load, and 100% DG backup. This prime preleased asset presents an excellent investment opportunity with strong tenant security and assured rental income in one of Pune?s most sought-after hubs. |