Overview of the Karaoke Building in District 9
We are pleased to introduce a 5-story karaoke building located in a prime location at 237 So 154 Street, Tan Phu Ward, District 9, Ho Chi Minh City. This is an attractive investment opportunity for smart investors looking to own a stable income-generating asset in the entertainment industry.
Location & Address
The building is situated on So 154 Street, a vital route in District 9, with convenient transportation and easy access to neighboring districts such as District 2 and Thu Duc. Surrounding the building are ample amenities such as schools, hospitals, supermarkets, restaurants, and cafes, meeting all the living and entertainment needs of customers.
Design & Structure
The building is solidly and modernly constructed with a structure of 1 basement, ground floor, 5 floors, and a rooftop terrace. The campus area is spacious and airy. Inside the building, there are 35 modern karaoke rooms equipped with high-quality sound and lighting. In addition, the building has 1 backup generator, ensuring continuous business operation without interruption. The basement parking is spacious, accommodating 50 motorbikes and 4 cars. The spacious yard can be used to organize events and advertising programs.
Amenities & Services Nearby
- Close to major shopping malls and supermarkets
- Close to schools and hospitals
- Close to densely populated residential areas
- Convenient transportation, easy to move around
Business/Investment Potential
With its prime location, modern design, and ample amenities, this karaoke building has great business and investment potential. Currently, the building is leased with a long-term 6-year contract, generating a stable income of 260 million VND/month for the owner. In addition, the owner can operate the karaoke business themselves or sublet it at a higher price.
FAQ
How long is the lease term?
The lease term is 6 years.
Does the building have a full business license?
Yes, the building comes with a karaoke business license and full fire protection.
Outstanding Benefits & Usage Suggestions
Outstanding Benefits:
- Prime location, convenient transportation
- Modern and convenient design
- Full business license
- Long-term lease, stable income
Usage Suggestions:
- Operate a karaoke business
- Sublease
- Invest for profit
Contact us today for a consultation and to view the building in person!
