Property Description (ID - 100961)

Apartment Building for Sale or Lease Near Oberon Mall, Edappally, Ernakulam

A fully operational serviced apartment building is available for lease or outright sale in a prime location near Oberon Mall, Edappally, Ernakulam.

The property, known as Shalom Residency, is located on Mosque Road Bylane 1, behind Oberon Mall, Edappally. Its strategic location and existing hospitality setup make it an excellent opportunity for investors, hotel operators, serviced apartment businesses, and hospitality entrepreneurs.

The building consists of a Ground Floor plus 3 Floors and contains 14 fully furnished 2-bedroom units with hall and kitchen facilities. The property is currently operating as a hotel and furnished serviced apartment.

The building is equipped with several facilities required for smooth hospitality operations, including a reception counter, lift, standby generator, solar system, indoor transformer, staff accommodation, and storage facilities.

The terrace floor provides additional functional space with an extra kitchen, staff accommodation, store facilities, and extra toilets suitable for terrace gatherings or events.

Property Highlights

Property Name: Shalom Residency
Location: Mosque Road Bylane 1, Behind Oberon Mall, Edappally, Ernakulam
Property Type: Furnished Serviced Apartment / Hotel Building
Building Structure: Ground Floor + 3 Floors
Accommodation Units: 14 Furnished 2-Bedroom Units
Each Unit Includes: 2 Bedrooms, Hall and Kitchen
Current Use: Running as a Hotel / Furnished Serviced Apartment

Facilities Available

• Reception Counter
• Lift
• Standby Generator
• Terrace Floor with Extra Kitchen
• Staff Accommodation
• Store Room
• Additional Toilets for Terrace Gatherings
• Closed Car Parking for Approximately 5–6 Cars
• Indoor Transformer
• Solar System

Lease Option

The property is available for lease under the following terms:

Expected Monthly Rent: ₹3.5 Lakhs
Security Deposit: ₹25 Lakhs
Minimum Lock-in Period: 2 Years
Renewal: At Mutual Consent

Outright Sale Option

The entire property is also available for outright purchase.

Expected Sale Price: ₹8.5 Crore