Investing in Restaurants in Karachi
If we look at the past five years, we can see a trend that almost 22 percent of houses that were located along primary lanes all over Pakistan have been changed into commercial ventures such as banks, clinics, restaurants and schools. Restaurants are among the most popular form of investment with an annual ROI of +55%
If you are puzzling over the thought of establishing a restaurant in Karachi, here are the 3 localities that are attracting the most investment.
- Block 4, Clifton is conveniently located between Phase V Extension, DHA, and Block 3, Clifton. Nearly 10% of the houses have been converted into cafés and restaurants, and the demand for houses increases by 25 to 30% each year.
Available plot sizes: 600 and 1,000 square yards
Purchase price range: Rs 90,000-110,000 per square yard
Monthly rental range: Rs 400,000-650,000
- Khayaban-e-Roomi, Clifton stretches between Sea View Road and Khayaban-e-Shaheen. An increasing number of double- and triple-storey houses along this artery are being converted into cafés and restaurants. The demand for houses there increases by 18 to 22% each year.
Available plot sizes: 1,000 and 2,000 square yards
Purchase price range: As 120,000-150.000 per square yard
Monthly rental range: Rs 550,000-850.000
- Tipu Sultan Road stretches from Shahrah-e-Faisal to Karsaz Road and is located in proximity to several upmarket neighbourhoods. The demand for residential property for commercial use increases by 18 to 22% every year. Double-storey houses, which have five to six rooms, a terrace and a lawn are especially popular among investors.
Available plot sizes: 1,000 and 2,000 square yards
Purchase price range: Rs 78,000-88,000 per square yard
Monthly rental range: Rs 600,000-850,000