Zameen
Karachi Buildings
Building 21771356

Commercial Corner Hotel Plaza For Sale In Shahra E Faisal Karachi

Shahra-e-Faisal, Karachi, Sindh
13,000 Sq. Yd.

Overview

Details

  • TypeBuilding
  • Price
    PKR15.42 Arab
  • LocationShahra-e-Faisal, Karachi, Sindh
  • Bath(s)-
  • Area13,000 Sq. Yd.
  • PurposeFor Sale
  • Bedroom(s)-
  • Added4 years ago

Description

Commercial Corner Hotel Plaza Is Available For Sale.

The Plaza has 440 Luxurious and Well Appointed Guest's Rooms.
Total operative rooms are 413 & occupancy rate 80 it means total 330 or say 330 Rooms will be available per day for sale while annually it would be 120,000 nights (330 * 365 =120,450 or say 120,000 nights)
The Average room Rates 150$ per night (AED 550 or Say 500)
Total income from food sales would be 9 millions (5.5$ + 3.6$ = 9.1$ or say 9 millions)
Experts says every client incurred 30% of the room rent on food during stay in hotel it means we will earn $5.4 or $5.5 (150*30% = 45 * 120,000 = /-) Estimated.
Total income food sale from restaurants banquets average customer per day would be 500 persons (Estimated)
We will earn (500*20 = $10,000 or say $10,000/-)
Total banquet room rent from musical hows organizers and (4 Days in weed 48 days in month 576 days in year for one hall so 1152 days for 2 banquet hall, 1152 * 2000 = 2304 or say 2.5 million included stage designing and setup)
Total income from business Lounge, Health Club & Spa 0.5 million
(Average customer 100/120 average revenue $13= $1300 a day) ($1300 * 365 = 474,500 or say 500,000 per annum



Hotel Status Is Public Limited Company
7 Directors In Hotel
100% Share Will Be Transferred To New Buyer
Management Can Be Transferred On Buying Of 51% Shares
Total Staff 150
Financial Details And All Documents Shall Be Provided At Meeting After Receipt Of Official Offer Letter

Hotel Facilities:
Basement+Ground+Mezzanine+8 Floors
Auditorium
Cafeteria
Banquet Hall
Meeting Hall
Swimming Pool.
Gym
Shops
Outlests
Travel agencies office.

Area: 13000 SQ Yard
Buildup Area: 350,000 SQ Feet
Allowable Area: 750,000 SQ Feet
Restaurants: 6000 SQ Feet
Halls: 27,000 SQ Feet
Electricity: 2700 KW
Commercial: Gas/Telephone/Water
Lease Period: 90 Years (38 Years Used) (52 Years Remaining)
60 lines P. A Bax
4 Inches Water Supply.

Basic information Sheet:
Hotel type business or leisure
Hotel for Stars
The building was competed in
Hotel is operating since in 2004
Hotel Management/Leasing Contract (Not on Lease) Open
The Average Occupancy rate 70 - 80% (Present)
Future Occupancy when up graded 80 - 90% (If become 5 Stars)
Net Annual income 15 million (Present)
Total Annual coasts for owner 15 million (Estimated)
The Annual yield 30 million (Estimated)
EBITDA 15 Million per annum (Estimated)
R. O. I 12% Per annum (Estimated)
No loan yet
Estimated property price 113 millions
Land value 78 millions
Build up area 350,000 SQ Feet
Cost of construction & Accessories /-
Reasons of sale Change of business
Property is not offered in market.

We want only serious buyers to contact us.

Amenities

  • Main Features
    • Parking Spaces
    • Public Parking
    • Underground Parking
    • Lobby in Building
    • Central Air Conditioning
    • Central Heating
    • Flooring
    • Electricity Backup
    • Elevator or Lift
    • Elevators
    • Service Elevators in Building
  • Business and Communication
    • Broadband Internet Access
    • Satellite or Cable TV Ready
    • Business Center or Media Room in Building
    • Conference Room in Building
    • Intercom
    • ATM Machines
    • Other Business and Communication Facilities
  • Nearby Locations and Other Facilities
    • Nearby Schools
    • Nearby Hospitals
    • Nearby Shopping Malls
    • Nearby Restaurants
    • Nearby Public Transport Service
  • Other Facilities
    • Maintenance Staff
    • Security Staff
    • Laundry or Dry Cleaning Facility
    • Facilities for Disabled

Location & Nearby

Shahra-e-Faisal Map
Nearby
More Karachi Maps

Home Finance

Calculate and view the monthly mortgage on this building

Conventional
HBFC
Interest Plan
Ghar Sahulat Scheme
Employment Status
Salaried
Property Price
PKR
Loan Period
Years
Down Payment
%
PKR
Interest Rate
%
DISCLAIMER: Interest rates may vary from the value shown on Zameen.com. Actual interest rate prevalent as per bank’s policy will be applicable at the time of application.
Monthly PaymentPKR15.31 Crore
Bank Finance AmountPKR10.79 Arab
Payment Breakdown
InterestPrincipal

Price Index

Trends - Most Searched Locations in Shahra-e-Faisal