Rental-income property · Estate Square
8-Kanal Rented Building on Canal Bank Road
Recently completed 58,000 sq. ft. commercial building on Canal Bank Road with current stated rent of PKR 30 lakh per month.
Property details
- Asking price
- PKR 120 crore
- Location
- Canal Bank Road near DHA EME, Lahore
- Property type / subtype
- Rented commercial building
- Property size
- 8 Kanal; 58,000 sq. ft. covered area
- Stated monthly rent
- PKR 30 lakh / month
- Stated annual income
- PKR 3.6 crore / year
- Indicative gross yield
- 3.00% (based on asking price and stated monthly rent; not a guaranteed return)
Features & key details
- Building completed in 2024
- Covered area 58,000 sq. ft.
- Current stated rent PKR 30 lakh/month
- 25% rent increase every 3 years
Rental / lease details
Reported 20-year lease, with two years elapsed; rent is stated at PKR 30 lakh per month with a 25% increase every three years. Ask for the lease documents and current rent schedule.
Ask us for current availability and asking terms. Any stated rental figures or gross yield are indicative.