100 m² Corner Unit for Sale on Huỳnh Văn Nghệ Street - 8.5 billion VND - Includes a complete set of documents and a rental management plan generating nearly 1 billion VND per year
For Sale
ho chi minh, Tan Binh District 100.00 m² 8.5B VND
100 m² Corner Unit for Sale on Huỳnh Văn Nghệ Street - 8.5 billion VND - Includes a complete set of documents and a rental management plan generating nearly 1 billion VND per year
100 m² Corner Unit for Sale on Huỳnh Văn Nghệ Street - 8.5 billion VND - Includes a complete set of documents and a rental management plan generating nearly 1 billion VND per year
100 m² Corner Unit for Sale on Huỳnh Văn Nghệ Street - 8.5 billion VND - Includes a complete set of documents and a rental management plan generating nearly 1 billion VND per year
100 m² Corner Unit for Sale on Huỳnh Văn Nghệ Street - 8.5 billion VND - Includes a complete set of documents and a rental management plan generating nearly 1 billion VND per year
100 m² Corner Unit for Sale on Huỳnh Văn Nghệ Street - 8.5 billion VND - Includes a complete set of documents and a rental management plan generating nearly 1 billion VND per year
100 m² Corner Unit for Sale on Huỳnh Văn Nghệ Street - 8.5 billion VND - Includes a complete set of documents and a rental management plan generating nearly 1 billion VND per year
100 m² Corner Unit for Sale on Huỳnh Văn Nghệ Street - 8.5 billion VND - Includes a complete set of documents and a rental management plan generating nearly 1 billion VND per year
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100 m² Corner Unit for Sale on Huỳnh Văn Nghệ Street - 8.5 billion VND - Includes a complete set of documents and a rental management plan generating nearly 1 billion VND per year

ho chi minh, Tan Binh District

8.5B VND
100.00m²
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About this property

Owner selling a house on Huỳnh Văn Nghệ Street, Tân Sơn Ward, Ho Chi Minh City. The property is a corner lot with an open layout, bordered by alleys on two sides, and accessible by car from all four directions.

Suitable for residential use, renting out as-is, or new construction.

Key Information:
- This property is ideal for those seeking land to develop serviced apartments in the former Tân Bình area.
- Location: Huỳnh Văn Nghệ Street, Tân Sơn Ward, Ho Chi Minh City
- Area: 100 m², with a width of 5 m and a length of 20 m
- Corner lot with a square shape
- Legal status: Full title deed
- Selling price: 8.5 billion VND (negotiable)

Utilization and Finance:
- The existing house can be renovated for residential use or for rental. Current rental rate is approximately 10 million VND/month based on actual market conditions.
- Purchase options with minimal initial cash outlay are available if the buyer has a suitable credit profile, the bank approves the valuation, and both parties agree on the timeline for the down payment, notarization, and loan disbursement.

- The land lot comes with a prepared set of solutions:
+ Construction Permit for a residential-commercial building based on existing documents
+ Architectural drawings for the residential-commercial building
+ Layout plan for approximately 14 rooms
+ Construction investment estimate
+ Revenue, expense, and cash flow analysis
+ Comprehensive consulting on development and operations plans

Proposed construction plan:
- Ground floor + mezzanine + 3 stories + rooftop
- Approximately 14 guest rooms
- Target revenue of approximately 85 million per month, or roughly 1 billion per year
- Buyers can review nearly the entire business plan before deciding to invest, rather than purchasing the land and then starting the design, permitting, and recalculations from scratch*** Mr. Tien
To receive the complete legal documentation and business plan

Details

8.5B VND ≈ $334,050 USD
Property typeApartment
StatusFor Sale
Locationho chi minh, Tan Binh District
Size100.00
Legal TypeLand Title Deed in the Owner's Name

Location

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100 m² Corner Unit for Sale on Huỳnh Văn Nghệ Street - 8.5 billion VND - Includes a complete set of documents and a rental management plan generating nearly 1 billion VND per year
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A Anna · Local Agent
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