Church Street, MG Road

Church Street,
Mg Road, Bangalore.
.
Plot Area : 15,909 Sqft.
Built-up Area : 1,13,679.34 Sqft.
Floors : LG +Ground + 7 floor.
OC / CC Available.
Free hold Ownership
20 Car Parking
40+ Two-Wheeler Parking
BESCOM Power Load 999 KVA
Power Backup Load 600 + 365 DG is available
2 Elevators (1020KG)
BMSSB + 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