Two office building in Prague 3.

  • € 19 630 000
  • Office/Surgery For Sale
  • Total square 19 144 sq m

Description

The property consists of two five-story office buildings. The total area of ​​the building number 3 - 9502 sq.m. The total area of ​​the building number 5 - 9642 sq.m.
Prague 3 - it is one of the ten districts of Prague, located on the right bank to the east of Prague 1, close enough to the city center, just 5-10 minutes by tram, which are run regularly. Historically, the upper part of the district called Zizkov, which is at the end of the XVII century the city was awarded the title in 1922, he became the center of Prague. In this area it became part of Vinogradov, Vysočany and Strašnice, unlike Žižkov, which is the only fully within the territory of the administrative unit. Now in this area to settle loves youth, newcomers, students, foreign teachers and artists.
This area is considered the most promising in terms of growth in property prices and investment due to its proximity to the historic center, excellent transport links with other areas and many quiet parks.
The project cost is 530 000 000 CZK (or 19.63 million euros). The building number 3 - net income before tax 1,517,974 kroons (56,221 euros) per month. 400 sq.m. currently available. The estimated amount for rental of vacant premises is 80 000 CZK per month (2962 euros per month). The building number 5 - Net income before income tax 1,046,243 kroons (38 750 euros) per month. 1420 sq.m. currently available (the estimated amount of the rental vacancy rate is 290 000 kroons (10 740 euros per month). Utility bills tenants pay separately. Almost all contracts concluded for an indefinite period with the right of revocation is minimal with the notice of 3 months. The total expected rental income from two buildings is about 2,934,217 kroons per month or 35,210,604 kroons per year Yields -.. 6.6% pa Documents prepared for the transaction Additional information is available upon request.

Details

  • Listing status: Active
  • Available from: Jan 17, 2017
  • Listing #: 742541

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Map

Address:
Latitude / Longitude: 50.088040 / 14.420760

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  • Name: Dmitry
  • Company name: Nord Investment
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