Commercial Property for Sale in Choolaimedu Chennai
Prime commercial investment opportunity on Choolaimedu High Road featuring a 2-storey plus 3 floor building (G+3) with a total built-up area of 18,000 sqft on a spacious 6900 sqft land. This south-east corner property enjoys a prominent 110 ft frontage on a well-connecting 40 ft road, making it ideal for retail and residential use.
The property currently houses 9 shops and 8 residential units, generating a strong rental income of ?6.50 lakhs per month, reflecting excellent cash flow potential for investors.
Key Highlights:
Location: Choolaimedu High Road, Chennai
Land Area: 6900 sqft
Built-up Area: 18,000 sqft (G+3 building)
Property Type: Mixed-use commercial with shops and residences
Frontage: 110 ft, South-East corner
Access: 40 ft road
Rental Income: Rs.6.50 lakhs/month
Price: Rs.16.50 Crores
This property is strategically situated in a bustling commercial and residential neighborhood, ensuring high occupancy and consistent rental demand. Perfect for investors seeking stable income with potential capital appreciation in Chennai’s urban market.
For site visits and further details, please contact 8807291899.
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