An investment project.
Description
The project consists of the construction of the office center.
The area of the building upon the project is 26,269 m².
The area of office premises is 16,752 m².
The area of retail premises is 1,299 m².
Number of floors: 24
Number of parking spaces: 285
Term of the project: 3 years.
Purchase price of the project: 22,859,300 € (600,000,000 CZK).
Project documentation costs: 67,500 € (1,770,000 CZK).
Construction permission cost: 34,300 € (900,000 CZK).
Expected monthly income from lease:
Offices area: 13,5 euro/m².
Retail Area: 11,5 euro/m².
Parking spaces: 90 euro/month.
The projected absolute annual rental income is 2,900,000 euro (76,287,200 CZK).
The projected yield is 12.6%.
The project is located in the district of Prague 11.