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Property Features

Garden
Alarm
Sea View
Mountain View

Property Description

Big Prime Corner Land in a promitment location with High Visibility and Accessibility.

Land is available for sale including Ready Plans & Permits for a Luxury Modern Project, consists of:

  • Stunning oval-shaped office building of 5 floors
  • Annex small commercial building
  • 3 residential blocks of total: 38 modern apartments with sea & mountain views (10x 2 bedroom and 28x 1 bedroom apartments) 

Analysis

  • Land size: 9,350 sq.m.
  • Total buildable area (without verandas) 7,767 sq.m.
  • Big commercial building has a total salable area:  4,892 sq.m. + 619 sq.m. roof garden
  • Annex small commercial building has a total salable area:  398 sq.m. + 135 sq.m. roof garden
  • 3 Residential blocks has total saleable area:  2,865 sq.m. + spacious roof gardens

Grand total salable area 

  • Commercial: 5,290 sq.m. + 754 sq.m. roof gardens
  • Residential:  2,865 sq.m. + spacious roof gardens
  • Estimated sales ROI: 45-55% 

I am interested about this property