Property Description (ID - 101625)

42 Cents of Main Road Frontage Land for Sale Near South Bazaar, Kannur

Prime Commercial Property with a Four-Storey Building and Rental Income of ₹3 Lakhs per Month

An excellent investment opportunity is available near South Bazaar, Kannur, Kerala, featuring 42 cents of land with main road frontage. The property includes a four-storey building situated on 14 cents of the total land, offering an attractive combination of land ownership and an existing rental income stream.

The building is approximately 18 years old and currently generates a rental income of ₹3 lakhs per month, making this property particularly appealing to investors seeking an income-generating commercial asset.

With its main road frontage and location near South Bazaar, the property offers visibility and accessibility in a prominent area of Kannur. The remaining land area may offer additional potential, subject to the property's layout, applicable zoning regulations, and development approvals.

Priced at ₹30 lakhs per cent, this property is worth considering for investors looking for a substantial landholding combined with an established rental-income source.

Property Highlights

• Location: Near South Bazaar, Kannur, Kerala
• Total Land Area: 42 cents
• Road Frontage: Main road frontage
• Building: Four-storey building
• Land Occupied by Building: 14 cents
• Building Age: Approximately 18 years
• Monthly Rental Income: ₹3,00,000
• Annual Rental Income: ₹36,00,000
• Price per Cent: ₹30 lakhs