Church Street

.

Anyone having DIRECT approach wid FULL Details, Knowledge, to Owners of this below property ? 👇


Church Street, parallel to
M.G. Road, Bangalore.

Plot Area : 15,909 Sqft.
Built-up : 1,13,679.34 sft.
Floors : LG + Ground + 7 floors.
OC / CC Available.
Free hold Ownership.
20 Car Parking
40+ Two-Wheeler Parking.
BESCOM Power 999 KVA
Power Backup 600 + 365 DG is available
2 Elevators (1020KG)
BWSSB + 1 Bore well

Full building occupied by single tenant.
1 Crore Rent per month.
Rent Escalation 15 % every 3 years.
Next Escalation in September 2026.
Lease Lock-in Period 3 years.
7 Crores Security Deposit.

OSA 22 & 23 of 2009 being sorted out – expected completion in 2-3 months.
Litigation is not on property but on company with no limitation on selling of property.

Price 165 Cr.
8% yield at present,
Which will rise to 9% next year.

Church Street,
Mg road, Bengaluru 560 001
.
https://maps.app.goo.gl/QGJVNFhr6MVPJfiy9
.