A high cash-flow building at 33 Ung Van Khiem street, Binh Thanh District is for sale, delivering a rental yield of about 5.0% per year, suited to investors prioritizing stable cash flow.
Building specifications
- Address: 33 Ung Van Khiem, Binh Thanh District
- Land area: 40m x 46m, recognized 575sqm, actual land over 1,100sqm
- Structure: 2 basements + 12 floors, about 4,350sqm of floor space
- Current lease: about VND 1.5 billion/month, equivalent to 5.0%/year
- Selling price: VND 360 billion, about VND 651 million/sqm
With about 4,350sqm of floor space on an actual land area of over 1,100sqm, the building currently generates a rental cash flow of about VND 1.5 billion per month, equivalent to a 5.0% annual yield, a fairly attractive level for a large-scale commercial property.
Location on Ung Van Khiem, Binh Thanh
Ung Van Khiem street, in Binh Thanh District, is a bustling business road, home to many office buildings and commercial establishments, conveniently connected to central Ho Chi Minh City.
Price and yield
The asking price is VND 360 billion, about VND 651 million per sqm, along with an existing rental cash flow of about 5.0% per year.
Buyers interested in this building on Ung Van Khiem are welcome to reach out for further details and to arrange an on-site viewing.
