Shop for Sale, Gulshan-e-Iqbal Town, Karachi

A high rental income property is available for sale at a prime location in Karachi. The property consists of two shops of 1,000 sq. ft. each, with a total covered area of 2,000 sq. ft. It is currently rented to Halan Bank, an international banking chain, under a secure 10-year lease agreement commencing in 2022 and valid until 2032, with an option to renew for another 10 years. The property is situated in United Castle, a brand-new corner building completed in 2018, which holds a 99-year lease, ensuring long-term ownership and stability.

This investment offers a high return on investment with complete documentation, first ownership, and no additional tax liabilities. The property features a 40 ft. front with a 60 ft. depth, along with an extra 200 sq. ft. of land. It faces a 200 ft. main road and includes 24/7 electricity supply without load shedding, continuous water line supply, a dedicated separate entrance, an emergency exit, and a large car parking space.

Located in AR1 Block 10, Gulshan-e-Iqbal, on Main Rashid Minhas Road near Nipa Chowrangi and right next to Sindbad’s Wonderland Amusement Park, this property enjoys one of the busiest and most sought-after commercial hubs of Karachi. Surrounded by popular retail outlets, offices, banks, and residential neighborhoods, it also offers excellent future potential for restaurants, cafes, bakeries, boutiques, parlors, or superstores. This makes it an ideal opportunity for serious investors seeking both immediate returns and long-term value growth.