Description
*Property No. 3
Street No. 3, Madina Colony, adjacent to Khāṛak Ganda Nala, Police Chowki Street.
Plot Size: 45 × 45 feet
Total Area: 9 Marlas
Note: Development work is currently underway along the road beside Khāṛak Nala leading towards Murghzar Colony, which is expected to increase the value of the area.
An IT tower has been installed on one corner of the plot, occupying approximately 3 Marlas, for the past 21 years. All matters with the IT company have been completed in accordance with the agreement. The company has been given notice to remove the tower by December this year.
The tower currently generates an annual rent of approximately PKR 450,000. If the buyer does not wish to remove the tower, they may negotiate a new 10-year agreement directly with the company.
Current market rate: Approximately PKR 3.5 million per Marla.
Only serious buyers/investors should contact.
There is room for negotiation on the total asking price.*
