Hotel for sale on Kanakapura Road Bangalore - 32 CR

Listing ID:

160

Type:

Sell

Property type:

Commercial Building

Address:

Bangalore, Kanakapura Road, Bangalore South

Price:

INR 320000000 Sale

Description:

Hotel for sale on Kanakapura Road Bangalore - 32 CR 

Category: Business

Classification: At Par with 3 star

Constructed Area approx. 23,000 Sq.feet 

Number of Rooms 54

Ground + 4 storied. 

Rented to a reputed hotel brand for 9 years lease for Rs 11 lacs per month (48 rooms leased out as 6 rooms are occupied - as Penthouse) with 5% rent escalation annually.

FNB Outlets :
Fine-Dine Restaurant
Coffee Shop
Banquet Hall
Big kitchen 

Selling Rate: 32 Cr 

Kanakapura Road is among the major stretches in the southern region of Bangalore city. This stretch extends from the CBD area to BDA limits and BMRDA limits and then further connects into the confines of the Bengaluru rural district.

The stretch between VV Puram Circle and Kanakapura is widely known as the Kanakapura Road. Famous localities such as Jayanagar, JP Nagar, and Banashankari lie on this stretch. The locality offers ease in connectivity through the Outer Ring Road and NICE Ring Road which offers accessibility to key IT hubs such as Electronic city, ORR, and Sarjapur Road. 

Major advantages of this location are its proximity to commercial hubs, robust connectivity, and Cauvery water supply connectivity. Various notable hospitals and prestigious educational institutes are located just around the corner.

For Site Visit and other details of the Property call + 91-9845017139 / +91-9845044734 

Floor:

1 floor of 5 total

What is near?:

Kanakapura Road

Owner phone:

Phone number

Loan calculator

Monthly payment: INR

Overpayment: INR