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Development Wanted: Complex Of Centers
Location: Vietnam -> Ho Chi Minh
Industry: Real Estate > Other Real Estate

Business Summary

Location: Ba Son Shipyard Cluster, Ton Duc Thang Boulevard, Ben Nghe Ward, District 1, HCMC, Vietnam.

Total investment area: 22.5 ha

Price (per square meter): US$ 12,500 (in contract) + US$ 1,000 (services cost) = US$ 13,500

Objective: Complex of
- Financial centers,
- High-grade trading service centers,
- Hotels,
- Houses,
- Observation tower,
- Restaurants,
- Cultural entertainment center.

Period of Land Using:
- Foreign Investors: 50 years.
- Joint Venture Investors: 70 years

Floor-space condition: shipyard and factory.

Construction Density: 50% - 60%

Construction Height: 70 - 80 storey, 3 underground floors.

Procedure: Proving Financial Capacity (by form).

Payment term: 3 stages (30%, 60%, 10%).

Payment form: Bank transferring.

Deposit & Earnest:
- Deposit: US$ 100,000 right after Memorandum of Understanding;
- Advance Security Money from Seller and Buyer: US$10,000,000.

As planned, the Ba Son Shipyard must hand over the site to the HCM City Management Board for Urban Railways by 2010 for building metro route No. 1, work on the Japanese-funded project.

Expansion potential:

- Face two boulevards: Ton Duc Thang and Nguyen Huu Canh;
- Riverside;
- Good infrastructure: shipyard and factory;
- Hand over the site to the HCM City Management Board for Urban Railways by 2010 for building metro route No. 1. Work on the Japanese-funded project; Contact for more information on this Development for sale.


Asking Price Range:  > $35.0M
Gross Revenues:   $200,000,000
Cash Flow:   $10,000,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Clean all paperwork until brand-new license.
Reason For Selling:  Calling for investment.


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Development Wanted: Complex Of Centers Photo 1 Development Wanted: Complex Of Centers Photo 2 Development Wanted: Complex Of Centers Photo 3

Print Listing Id: 70094741
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