OPPORTUNITY IN PRATUNAM-RATCHAPRAROP, BANGKOK (Opportunity to develop prime location Pratunam-Ratchaprarop)
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Number :
6385108
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Ratchathewi Bangkok -
Listing Detail
[FOR SALE] SUPER PRIME DEVELOPMENT SITE: PRATUNAM-RATCHAPRAROP
"Last chance to own a world-class wholesale landmark"
[RESERVED CONFIDENTIALITY - AVAILABLE FOR IMMEDIATE NEGOTIATION]
1. EXECUTIVE SUMMARY: Executive Summary
Offering for sale a beautiful plot of land in the heart of the area. Pratunam-Ratchaprarop, a location that is the "yolk" of the largest fashion wholesale center in Southeast Asia. This plot of land is not just vacant land, it is “immediately profitable property. (Income-Generating Asset)“ comes with a 4-story apartment building that is still in operation. Suitable for investors who want to keep their land bank for the long term and receive cash flow, or developers who are looking for a beautiful plot of land for developing a High-Rise / Mixed-Use project in the future.
2. KEY INVESTMENT HIGHLIGHTS: Investment highlights
🏆 UNMATCHED LOCATION (unrivaled location): Located in Soi Ratchaprarop 4, only 25 meters into the alley (based on verification), surrounded by world-class landmarks such as Baiyoke Sky, Platinum Fashion Mall and CentralWorld.
🚆 MEGA-CONNECTIVITY (Mega level connectivity): Just a few steps to the Airport Rail Link Ratchaprarop Station (direct connection to Suvarnabhumi Airport) and close to the Phayathai BTS station and along the line of the future Orange Line.
🏗️ HIGH DEVELOPMENT POTENTIAL (High development potential): With land values continuously growing in the Pratunam area. This makes the plot suitable for development into a 5-star hotel, luxury serviced apartment, Grade A office building or Mixed-Use Project that supports tourists and business people from around the world.
3. PROPERTY DETAILS: Property details
Location: Soi Ratchaprarop 4, Makkasan Subdistrict, Ratchathewi District, Bangkok
Distance from the alley entrance: approximately 25 meters (Verified)
Current building: 4-story apartment building (with mezzanine) with construction/modification permit in 2018 for use as a shared residence (3 units).
Current potential: Able to continue operating to gain yield or renovate to become a Boutique Hotel.
4. VALUATION & TERMS: Prices and trading conditions.
Net offering price: 69,000,000 baht (sixty-nine million baht only)
(Special price: reduced from 75 million baht)
Transfer conditions: (Agreed according to negotiations)
5. DEVELOPER’S VISION: Vision for development
With this location, investors can choose the following strategies:
OPTION A (Holding for Yield): Continue operating the apartment. Or renovate it into a Boutique Hostel/Hotel to support fashion tourists and get long-term yield.
OPTION B (Redevelopment): Demolish to develop a high-rise commercial building to support the expansion of the Ratchaprarop-Phetchaburi area.
FOR INQUIRIES & EXCLUSIVE VIEWING
(Ask for more information and make an appointment to view the property)
Contact
📞 Call: 0615203182 - Mr. Golf
📧 Email: aloneskydragon@gmail.com
💬 Line ID: gmogolf
Listing Information
- 69,000,000
- 4 fl.
- 4 Bed
- 4 Bath
- 78 sq.wa.
- 300
- Unfurnished
Amenities in the house
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