Kumari Palany & Co

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Attention Investors: Prime Lodge Property in Koyambedu, Chennai Up for Sale!

Posted on: 09/May/2024 1:45:45 PM

Situated in the bustling area of Koyambedu, Chennai, this well-appointed lodge is now on the market. Boasting a land area of 5,800 square feet and a constructed area of approximately 22,000 square feet, this property features 45 spacious rooms, a party hall, and a restaurant.

With parking facilities for 10 cars and 20 two-wheelers, convenience is key for guests. Currently leased to a reputable property management company for two years at a monthly rental of 6.25 lakhs, with a 5% annual increment from the third year onwards, this investment promises steady returns.

Priced at 15 crores, this meticulously maintained property offers easy access to Koyambedu market, MRTS, Metro, and other city amenities, making it an ideal opportunity for both investment and income generation.

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