sale of bau cat house 133m² - 15 billion, still strongly negotiable

rare investment product – building a hotel or serviced apartment – bau cat area, tan binh
location right in the center of bau cat area, near ba hoa - truong chinh - bay hien market. busy residential area with synchronous infrastructure, considered a model urban area and home to many businessmen in tan binh district.
the latest selling price is only 15 billion, equivalent to about 112 million/m², significantly lower than the regional average, which is fluctuating at 138 - 168 million/m².
this is a suitable product for investors building serviced apartments, hotels or offices for rent, creating stable and long-term cash flow.
detailed informationlocation: bau cat internal frontage, ward 12, tan binh district - right at ba hoa marketarea: 4.05 x 30m (excluding 3m road line)land area about 133m²
the road in front of the house is wide, the area rarely houses for sale. future road 10m (currently 6m), potential to become a business axis.
clear legal regulations, qualified to build high-rise buildings. the area allows synchronous construction of about 7 floors with elevators, very suitable for developing a serviced apartment model.
currently the house is rented for 17 million/month, with available cash flow while waiting for exploitation or new construction.
bidv bank values ​​assets at about 17 billion. the owner is borrowing 12 billion and can support customers with bank loans up to 80% of the property value.
if exploiting serviced apartments, the rental price in the area is about 5 - 8 million/room/month, the exploitation rate is stable thanks to the location near the center, airport and major transportation routes.
the product is suitable for investors looking for beautiful land funds in the bau cat area to develop service apartments, hotels or keep long-term assets.