Terrace Restaurant
in Pune
Balewadi
| Price Per Unit | 16663.89 |
| Expected Price | 10.00 Crore |
| Super Area | 6001 Sq.Ft. |
| Carpet Area | 5793 Sq.Ft. |
| Total Room | 0 |
| Furnishing | Fully Furnished |
| Building Name | ALTUS |
| Builder Name | |
| Description | Pre-leased Commercial Terrace Restaurant for Sale in Balewadi A premium pre-leased terrace restaurant is available for sale in Balewadi. The property offers a carpet area of 3,267 sq. ft. with an additional 2,526 sq. ft. overhead terrace, making a total carpet area of 5,793 sq. ft. and a total saleable area of 6,001 sq. ft. It comes with 3 basement car parks. The property is leased at a monthly rent of ₹6,00,000 + GST with a deposit equivalent to 6 months’ rent. The lease commenced on 1st November 2023 with an annual escalation of 5%, a lock-in of 5 years, and a total term of 5+5 years. PMC tax of approx. ₹3,00,000 is to be borne by the licensor, while maintenance charges at ₹4.50 per sq. ft. on saleable area are payable by the licensee. The investment yields an attractive ROI of around 7%. |