Property Description (ID - 101576)

57 Cents Commercial Land for Sale in Vazhakkad Town, Malappuram

57-cent level, square-shaped plot is available for sale in the heart of Vazhakkad Town, Malappuram, Kerala, directly on the State Highway. With excellent road frontage, additional side-road access, and existing rental income, this property offers an attractive opportunity for commercial investors and developers.

The property features 26.5 metres of State Highway frontage along a 12-metre-wide road, along with 74 metres of side-road frontage along a 4.85-metre-wide road. Its location, plot layout, and dual road access make it worth considering for a range of potential development projects, subject to applicable permissions.

Property Highlights

• Location: Vazhakkad Town, Malappuram, Kerala
• Total Land Area: 57 cents
• Plot Type: Level, square-shaped plot
• Main Road Frontage: 26.5 metres
• Main Road Width: 12 metres
• Side Road Frontage: 74 metres
• Side Road Width: 4.85 metres
• Current Occupants: Fast-food outlet and football turf
• Fast-Food Outlet Rental Income: ₹20,000 per month
• Football Turf Rental Income: ₹30,000 per month
• Total Current Monthly Rental Income: ₹50,000
• Annual Rental Income: ₹6 lakh, based on the stated monthly rents
• Price per Cent: ₹15 lakh, negotiable
• Total Asking Price: ₹8.55 crore, negotiable