1 Bath Office for Sale in Tonle Bassac
Tonle Bassac, Chamkarmon, Phnom Penh
Sale price
$70,639
Bathroom
1
Property type Offices
Property ID 35453
Original ID 1001198525
Listed 01/04/2017
Updated 13/03/2019
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+855 92 92 1000
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Description
Rare opportunity to invest in prime office space with very low entry cost. East Commercial Center will provide the capital with much needed Grade A Office Space at very affordable rates. ECC boasts the best Guaranteed Rental Return program in Phnom Penh, with GUARANTEED rental yields of 6% for the first year, 7% for the second year, 7.5% third and forth year and 8% for the fifth year with an average effective GRR of 7.2% for the 5 years. 34 Square meter office that sells for $70,639 could also be rented out privately for $20+ per square meter = $680 per month/ $8,160 per year which equates to a gross yield of 11.55%, without factoring in additional return on investment due to property appreciation! Contact today to arrange a tour and learn more of this fantastic opportunity! Average Rental Rates per square meter for Comparable Offices: Vattanac Tower, Grade A - $28-$30++ Canadia Tower, Grade B - $25 Phnom Penh Tower, Grade B - $21 Parkway Center, Grade C $15 - $18
Property Features
Air Conditioning
Amenities
Car Parking
Garden
Lift / Elevator
Non-Flooding
On main road
Swimming Pool
Exterior
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1 Bath Office for Sale in Tonle Bassac
Tonle Bassac, Chamkarmon, Phnom Penh
For sale
$70,639
1Bathroom
Office For Sale Amazing GRR
Rare opportunity to invest in prime office space with very low entry cost. East Commercial Center will provide the capital with much needed Grade A Office Space at very affordable rates. ECC boasts the best Guaranteed Rental Return program in Phnom Penh, with GUARANTEED rental yields of 6% for the first year, 7% for the second year, 7.5% third and forth year and 8% for the fifth year with an average effective GRR of 7.2% for the 5 years. 34 Square meter office that sells for $70,639 could also be rented out privately for $20+ per square meter = $680 per month/ $8,160 per year which equates to a gross yield of 11.55%, without factoring in additional return on investment due to property appreciation! Contact today to arrange a tour and learn more of this fantastic opportunity! Average Rental Rates per square meter for Comparable Offices: Vattanac Tower, Grade A - $28-$30++ Canadia Tower, Grade B - $25 Phnom Penh Tower, Grade B - $21 Parkway Center, Grade C $15 - $18
Property Overview
Property type: Offices
Property ID: 35453
Original ID: 1001198525
Listed: 01/04/2017
Updated: 13/03/2019
Property Features
Air Conditioning
Amenities
Car ParkingGardenLift / Elevator
Non-FloodingOn main roadSwimming Pool
Location Overview
Tonle Bassac
Buy
$140K - $965K
Rent
$625 - $3K
For Sale
243 Homes
For Rent
3192 Homes
View Location