Development Wanted: Stores, Showroom Centers

www.GlobalBX.com

Listing ID: 70094744

Listing Title: Development Wanted: Stores, Showroom Centers

Quick Link: http://www.globalbx.com/listing.asp?bId=94744

Industry: Real Estate

Industry Segment: Other Real Estate

Country: Vietnam

State / Province:

Area

City: Ho Chi Minh

Asking Price Range: > $35.0M

Gross Revenues: $200,000,000

Cash Flow: $10,000,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2008

Number of Employees: 1 - 3

Business Description:
Location: Triangle of Tran Hung Dao, Pham Ngu Lao, Ky Con Street, District 1, HCMC, Vietnam. Total investment area: 1,800sqm Price (per square meter): US$ 25,000 (in contract) + US$ 1,000 (services cost) = US$ 26,000 Objective: - Office buildings, - Trading centers, - Department stores, - High-grade showroom centers. Period of Land Using: - Foreign Investors: 50 years. - Joint Venture Investors: 70 years. 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. Expansion potential: - Face three streets: Tran Hung Dao, Pham Ngu Lao, Ky Con; - Opposite park - car parking project; - Close Ben Thanh market; - Close to New World Hotel; - Beside Ben Thanh Master Bus station; Contact for more information on this Development for sale.



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