6
COMMERCIAL GROUND FOR SALE 254 SQ M READY TO MOVE VERY PRIME LOCATION SOUTH 90 DIRECT GOLDEN GATE NEW CAIRO
REDCON Properties in New Cairo is offering a directly owned commercial unit for sale.
Unit Details
Project: Golden Gate – New Cairo
Building: A01
Unit: A01-R-GF-03A
Floor: Ground Floor
Area: East Gate
Area: 254 sq m
Approximate Dimensions: 8.24 m x 22.92 m
Suitable Uses: Bank / Restaurant / Premium Retail
Location: Adjacent to the project entrance, with a direct view of South 90th Street.
Investment Indicators
Target Rental Value: EGP 500,000 per month
Target Annual Rental Value: EGP 6,000,000
Assumed Rental Increase: 10% annually
Initial Gross Return on Cash Price: Approximately 6.75% annually.
A prime opportunity within Golden Gate – REDCON in New Cairo.
Target Rent: EGP 500,000 per month
= EGP 6,000,000 annually
With a 10% annual rent increase
Total return of 16.7% in the first year
And exceeding 100% cumulative return over 5 years
And exceeding 267% over 10 years
As per the attached return model.
Sale Price
Cash Price: EGP 350,000/m²
Total Cash Sale Price: EGP 88,900,000
Price is negotiable for serious buyers.
Payment Plan over 3 years
Price: EGP 400,000/m²
Total Price: EGP 101,600,000
Down Payment: 40% = EGP 40,640,000
Remaining: EGP 60,960,000 over 36 months.
The unit is located in East Gate, Building A01. The attached investment file includes the unit's location on the master plan, actual site photos, unit floor plan, payment options, and financial analysis.
A 1.5% commission is payable by the buyer, calculated as a percentage of the total price.
Mohamed El-Sayed /
Unit Details
Project: Golden Gate – New Cairo
Building: A01
Unit: A01-R-GF-03A
Floor: Ground Floor
Area: East Gate
Area: 254 sq m
Approximate Dimensions: 8.24 m x 22.92 m
Suitable Uses: Bank / Restaurant / Premium Retail
Location: Adjacent to the project entrance, with a direct view of South 90th Street.
Investment Indicators
Target Rental Value: EGP 500,000 per month
Target Annual Rental Value: EGP 6,000,000
Assumed Rental Increase: 10% annually
Initial Gross Return on Cash Price: Approximately 6.75% annually.
A prime opportunity within Golden Gate – REDCON in New Cairo.
Target Rent: EGP 500,000 per month
= EGP 6,000,000 annually
With a 10% annual rent increase
Total return of 16.7% in the first year
And exceeding 100% cumulative return over 5 years
And exceeding 267% over 10 years
As per the attached return model.
Sale Price
Cash Price: EGP 350,000/m²
Total Cash Sale Price: EGP 88,900,000
Price is negotiable for serious buyers.
Payment Plan over 3 years
Price: EGP 400,000/m²
Total Price: EGP 101,600,000
Down Payment: 40% = EGP 40,640,000
Remaining: EGP 60,960,000 over 36 months.
The unit is located in East Gate, Building A01. The attached investment file includes the unit's location on the master plan, actual site photos, unit floor plan, payment options, and financial analysis.
A 1.5% commission is payable by the buyer, calculated as a percentage of the total price.
Mohamed El-Sayed /
Property Information
- TypeRetail
- PurposeFor Sale
- Reference no.Bayut - 5000532-fEyymL
- CompletionReady
- FurnishingUnfurnished
- Published at9 September 2026
Features / Amenities
Completion Year
Freehold
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