Commercial Income Property In Secunderabad Hyderabad. This property is located in East Marredpally, Secunderabad. This property offers a spacious living space and is well-connected to key employment hubs, making it an attractive choice for potential buyers. Let’s explore the details of this property.Read More
The property is situated in a residential suburb of Secunderabad, surrounded by localities such as Marredpally, Nehru Nagar Colony, Trimoorthy Colony, Teachers Colony, and Tarakarama Nagar. The area enjoys excellent connectivity to prominent locations like Hitech City and Nehru Outer Ring Road (ORR), increasing the demand for residential spaces. The property boasts horizontal development with several mid-rise apartments and independent houses nearby.
The building is approximately 16 years old and is well-maintained. Total Floors are Ground + 1 (G+1). This unit is situated on the 1st floor. The property comes with a UDS of 318 sq. yds. The property faces west, allowing for good natural light and ventilation. The total built-up area of the property is 8200 sq. ft. The property receives water supply from both the Municipality and Borewell sources. The area is in close proximity to popular tourist attractions, such as Hussain Sagar Lake. Excellent connectivity to key employment hubs like Hitech City and Nehru Outer Ring Road (ORR) makes it convenient for daily commuting. Is there a Tenant? Yes, the property has a tenant. The tenant has a remaining lease of 9 years. This property fetches a monthly rental income of 3.2 lakhs. The maintenance cost is 5/- per sq. ft. The property is available for purchase at 7 crores as of today. With its strategic location, tenant availability, and ready-to-move status, it presents an excellent investment opportunity.
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