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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