New mixed-use building with office spaces, Prague, Czech Republic

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New mixed-use building with office spaces, Prague, Czech Republic

4,420,000 €
1,133 € /m²
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  • Total area
    3,900 m²
  • Built in 
    2016
Details
Property parameters
  • 3-floor building
Transaction costs
  • Broker: 1.0%

Modern commercial units in the area of Prague 9.

Description

Offices have an open plan and are located on three floors of a new mixed-use building which includes:

  • basement (900 m²)
  • ground floor (1,100 m²)
  • first floor (950 m²)
  • second floor (950 m²)

Each floor is designed as an open space. Each floor has a private bathroom and a kitchen.

The advantage is a sufficient number of parking spaces which are located in 35 garages.

Due to the monolithic structure of the building, the internal layout can be changed.

It is possible to use the storage rooms, which are located in the basement.

Financial performance

The expected yield is 3–5%.

Tenants

Without tenants.

Location

The property is located in Prague 9, a few meters from public transport stops and 8 minutes from the metro station.

Prague 9 is located in the eastern part of the city. This area is characterized by a large number of industrial zones and a military airport.

The center of Prague can be reached in 25 minutes by public transport and in 15 minutes by car.

Prague is the capital of the Czech Republic with the population of more than 1.28 million people.

The city is the main political, economic and cultural center of the Czech Republic and a major tourist center of Europe. The historical center of Prague is listed as a UNESCO World Heritage Site. The number of tourists in Prague in 2017 exceeded 10 million people.

From the branches of industry in Prague machine building (machine-tool building, transport, electrical engineering), chemical, textile, clothing, printing, food industry are developed.

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