Located in a busy setting in Beylikduzu area of Istanbul, this tenanted shop is currently operating as a successful hair salon and represents a fantastic opportunity for an investor looking for high rental income immediately with their purchase.
- Franchise commercial property in Istanbul
- Long term tenant in Beylikduzu residence
- 4% yield per annum with room to increase
- Busy high street location close to everything
- Close to other restaurants, shops, and more
FACILITIES & LOCATION
This established commercial property has a long term tenant in place and is situated in a busy area of Beylikduzu, travelled by thousands of commuters, workers, and locals on a daily basis – this is an opportunity not to miss.
About the property
The property measures 370m2 in total and has been kept in immaculate condition by the tenant. The shop is currently operating as a successful hair salon and is well known in the local community with many return clients and weekly appointments. The shop has a street-facing entrance making it easy for customers to find the salon.
Currently, the shop is netting the owner a monthly income of 17,500TL, which equates to a yield of around 4% per annum. With Property Turkey’s negotiating power, the rent can be increased on a yearly basis in line with inflation in Turkey.
Location in Istanbul
This property is located along a busy high street in Beylikduzu area of Istanbul and is within easy walking distances to local shops, restaurants, pharmacies, and much more. Public transportation is nearby for city centre commuters and those working in Istanbul. Some of the largest housing complexes in Beylikduzu are accessible within a matter of minutes, providing a large pool of potential clients. The location is second to none for someone looking to invest in commercial units with high rental prospects.
For more information, or to arrange your visit at the earliest convenience, please call or contact us to speak with our investment specialists in Istanbul who are happy to assist you and answer any questions that you might have about commercial real estate. We are also happy to search on your behalf for a listing to suit your budget and requirements.