FACILITIES & LOCATION
Ideal for someone looking for high rental income possibilities, this car wash is found in Kartal in a highly residential area of Istanbul and is one of our top picks for those looking to invest in commercial real estate in Turkey.
About the shop
This listing is situated within a high quality housing complex. The new project consists of 236 apartments in total with hundreds of potential clients. The retail area within the project is built across two floors and consists of 12 units. homes on higher floors have lovely views out to the Marmara Sea.
The shop is operating as a successful car wash for the local community and has a long term tenant in place. Title Deed is in place and the property would be suitable for those looking to obtain Turkish Citizenship through means of investment. There is also a 25% profit and buy back guarantee.
Rental income
Currently the shop earns 9,250TL per month in rental income, amounting to a yearly yield of just over 6% or 111,000TL. Using Property Turkey’s negotiating skills, rental income can be increased on a yearly basis in line with inflation and Turkish Law. Please call or contact us for more information about that.
Location in Istanbul
This car wash is located in Kartal on the Anatolian side of Istanbul. Being next to the E-5 Highway, the car wash is visible by up to 200,000 vehicles every single day – providing a large pool of potential clients and customers. Local high streets, shops, and popular areas can all be reached within a matter of minutes, while Sabiha Gokcen Airport can be transferred to easily. The location is second to none for investing in a car wash.
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