University investment for sale

Kadıköy / İstanbul

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COMMERCIAL INFORMATION:

  • 630,000 sq ft (58,528 sq m)

FULL DESCRIPTION:

A 630.000 SQ FT Investment Property Set In 3.5 Acres Of Grounds With A R.O.I In 14 YEARS 
The building & Grounds are leased to Dogus University, which was established in 1997 and is one of Istanbul's most renowned Universities. 

Dogus University has signed a 12- year lease commencing from April 2013 at an annual rent of 12.000.000 Turkish Lira. 

The lease stipulates a yearly rental increase of 10%. 

The Price in Turkish Lira is : 289.000.000 Turkish Lira.

RENTAL YIELD - 7.35%. 

R.O.I - 14 Years.