Great Investment, Currently Tenanted-Net Return 7%

Overview

Ref:LLJ-S-1454
Price:AED 950,000
Contract type:Sale
Type:Apartment
Location:Al Reem Island, The Gate Tower 2
Bathrooms:2
Bedrooms:1
Area:971.00 Sq Ft
It's definitely a buyer's market in Abu Dhabi right now with this fantastic opportunity.  
Gorgeous sea view one bedroom unit on high floor with open plan kitchen allowing breakfast bar dining.  One of the largest one bedroom apartments in the Gate Tower development at 971 sq ft.  Fully fitted wardrobes, excellent finish. Superb facilities including a lazy river !!!
The perfect tenant is happy to renew the tenancy contract which doesn't expire till 30th April 2020 and currently stands at AED 80,000 with rent income provided on remaining portion of tenancy period at date of sale
After services charges expect a net return of around 7%.
Hurry now to arrange bookings as this opportunity wont last long. 

Call Leyla Ben-Adel on +971 24950500 / email customerservice@lljproperty.com or visit www.lljproperty.com for further details

THE GATE TOWERS

Three towers providing the iconic entrance to the master community of Shams Abu Dhabi on Reem Island. Defined by the 8 majestic buildings of the Gate District including Sky Tower and Sun Tower, 



General amenities

  • Basement Parking
  • BBQ Area
  • Built In Wardrobes
  • Central Air Conditioning
  • Community View
  • Covered Parking
  • Gazebo And Outdoor Entertaining Area
  • Jacuzzi
  • On Mid Floor
  • Sauna
  • Shared Swimming Pool
  • Steam Room
  • Bank/ATM Facility
  • Beach Access
  • Children's Nursery
  • Clubhouse
  • Fitness Center
  • Public Parking
  • Public Transport
  • Recreational Facilities
  • Restaurants
  • Shopping Mall
  • Shops
  • Tennis Courts

Map