The serviced apartment building on Nguyen Thi Minh Khai street sits at 2/3a Nguyen Thi Minh Khai, Dakao Ward, District 1, a prime property generating high passive income from a combined retail and serviced apartment model.
Building specifications
- Address: 2/3a Nguyen Thi Minh Khai, Dakao Ward, District 1
- Area: 5m x 24m, recognized 106sqm
- Structure: 1 basement + 6 floors
- Function: Retail/commercial space plus 12 high-end serviced apartments
- Current lease: USD 4,000/month
- Selling price: VND 39.5 billion
With 1 basement plus 6 floors, the building houses 12 high-end serviced apartments alongside retail space, creating a dual income model from both apartment rental and commercial leasing. The existing lease of USD 4,000 per month provides steady passive income for the owner.
Location in Dakao, District 1
Dakao Ward, part of District 1, is a bustling central area of Ho Chi Minh City, near major streets and urban amenities, favorable for a serviced apartment model catering to foreign guests and long-term professional tenants.
Price and cash flow
The asking price is VND 39.5 billion, inclusive of the existing lease, giving investors immediate cash flow right after the transfer.
Buyers interested in this serviced apartment building on Nguyen Thi Minh Khai are welcome to reach out for further details and an on-site viewing.
