Property Description
OFFICE BUILDING 4 SALE (11,012 SQMS) - BUCHAREST1. Property Location: Bucharest City, Romania
2. Property Details:
Completion Year: 2010
Land Area: 2,241 sqms
Floor Plate: 1,900 sqms
Height’s Regime: - S2 + P + 5 (2 Underground Floors + Ground Floor + 5 Regular Floors)
Parking Places: 176 (can be extended to 245 if Klaus System is used)
Gross Leasable Area: 11,012 sqms
Office Leasable Area: 10,115 sqms
Retail Leasable Area: 897 sqms
Tenants Occupancy: 100 %
Average Lease Term:
- 4.5 years (not considering break options)
- 3.8 years (considering break options)
3. Financial Information:
Current Yield: 8 % (it can be increased to 10 % with minimal investment)
Total Annual Income: Euro 1.86 MLN
Tax & Maintenance Cost: Euro 240 K
Net Annual Income: Euro 1.62 MLN
4. Price Information:
Sale Price: Euro 21 MLN (Negotiable)
5. Contact Us:
Key Person: Lucian ASANACHESCU
Mobile No.: + 40 722 666 433
E-mail: real.estates@imra-group.com
Additional Details
- Living Space 11012 m2
- Lot Size 2241 m2
- Furnished Yes
- Garage Yes
- Central Heating Yes
- Air Conditioning Yes
- Garden No
- Pool No