Entire Building for sale in São Paulo, Rua Brigadeiro Machado 279 Brás São Paulo 03050-050, 900 m²

São Paulo, SP, 03050-050

Entire Building

BRL 4,300,000

• 22 bedrooms
• 10 bathrooms
• 900 sqm

REAL ESTATE INVESTMENT WITH CONTRACTED INCOME FROM THE SÃO PAULO CITY HALL Excellent opportunity for investors: 4-level commercial building, located at Rua Brigadeiro Machado, 279, in Brás, São Paulo/SP, currently linked to a lease agreement with the São Paulo City Hall, with monthly income of R$ 30,000.00. The contract with City Hall has an indefinite term, providing a recurring income source for the investor. SALE PRICE: R$ 4,300,000.00 INVESTMENT DATA * Contracted monthly income: R$ 30,000.00 * Annual income: R$ 360,000.00 * Estimated gross return: 8.37% per year on the acquisition value * Contract with City Hall: indefinite term * Property documentation: up to date * Property requires no interventions, according to available information PROPERTY CHARACTERISTICS * Estimated built area: 850 to 900 m² * Useful floor area and circulation: approximately 800 m² * 4 levels: ground floor, 1st floor, 2nd floor, and rooftop * 22 bedrooms, with 10 suites with private bathrooms and 12 simple bedrooms * Dining room and kitchen * Dressing rooms, service areas, and support areas * Administrative areas * Laundry, stockroom, and bathroom on rooftop * Waterproofed slab and uncovered area ENVIRO…