Development Wanted: Trade Centers, Deluxe Hotels
Location Vietnam
Asking Price Range > $35.0M
Gross Revenues $200000000
Net Profit / Cash Flow $10000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2008
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Clean all paperwork until brand-new license.
Reason for Sale Calling for investment.
Description Location: #2 - #4 - #6 Hai Ba Trung Street, Me Linh Square, Ben Nghe Ward, District 1, HCMC, Vietnam.
Total investment area: 6,000sqm.
Price (per square meter): US$ 17,800 (in contract) + US$ 1,000 (services cost) = US$ 18,800
Objective:
- Office buildings,
- Trading service centers,
- High-grade department stores,
- Showrooms,
- Deluxe hotels.
Period of Land Using:
- Foreign Investors: 50 years.
- Joint Venture Investors: 70 years.
Floor-space condition: beer factory and warehouse.
Construction Height: 70 - 80 storey, 3 underground floors.
Procedure: Proving Financial Capacity (by form).
Payment term: 3 stages (30%, 60%, 10%).
Payment form: Bank transferring.
Deposit & Earnest:
- Deposit: US$ 100,000 right after Memorandum of Understanding;
- Advance Security Money from Seller and Buyer: US$ 10,000,000.
Expansion potential:
- Face four streets: Me Linh Square, Hai Ba Trung, Dong Du, Thi Sach;
- Good infrastructure: factory and warehouse;
- Connect with Pedestrian Bridge to Thu Thiem New Urban.
- Combines with 4 other buildings and the river to make the exceeding center of HCMC.
Contact for more information on this Development for sale.
Click Here To Contact Seller
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