3 Photos

3 Photos

The Grand Tower

Taepyeongno1-ga

Unknown

Sale

Unknown

Freehold

0

Built-up: 1,614 ft2

Land area: 175 ft2

Price starting from

RM 13,700,000,000

Property Description

 

 

Exclusive Opportunity: Prime Commercial Building for Sale in Seoul’s Prestigious CBD


 

Discover a rare chance to own a highly coveted commercial building located in the heart of Seoul’s Central Business District (CBD), just behind the iconic Sejong-daero. Properties in this prime location rarely come to market, making this a once-in-a-lifetime investment opportunity.


 

Why This Property Stands Out:

Unrivaled Location: Nestled in Seoul’s CBD, surrounded by prestigious landmarks, luxury hotels, embassies, City Hall, and bustling tourist attractions.

High Foot Traffic: Positioned to capitalize on strong demand from office workers, professionals, and tourists.

Resilient Income Stream: Proven stable rental income, even through challenging market conditions like COVID-19, with rental escalations already in place.

Premium Tenant Mix: Fully leased to UH Suite Hotels (uhsuite.co.kr) and high-performing restaurants, ensuring reliable returns and enhanced property value over time.

Rare Asset in Elite Surroundings: Located in a district dominated by landmark properties owned by leading global asset management firms and top Korean corporations.


 

Future Growth Potential:

Built-In Rental Growth: Lease agreements include a planned 5% annual rent increase for retail tenants starting in 2025, further boosting profitability.

Capital Appreciation: With its prime positioning, diverse tenant mix, and high demand, this property is poised for significant long-term value appreciation, offering substantial capital gains potential.

Prime Market Dynamics: Benefit from owning a property in Seoul’s most dynamic and prestigious commercial district, where property values continue to soar.


 

Why Invest Now?


 

This is not just a property; it’s an unmatched investment opportunity in one of Asia’s most thriving cities. Own it, hold it, and enjoy the rewards of stable rental income and substantial appreciation. Whether you’re looking for steady cash flow or a high-value exit in the future, this property offers it all.


 

Don’t miss your chance to secure a landmark asset in Seoul’s Central Business District – a property of this caliber is truly one-of-a-kind.

 

Call Aerin Paik today for more details at +82 10 7714 4395.


 

Specification

Property Type

Unknown

Subsale

Sale

Category

Unknown

Furnishing

Partially Furnished

Tenure

Freehold

Title

Individual

Status

Active

Direction

NorthWest

Occupancy

Tenanted

Unit Type

Unknown

Property Code

72256-1735082581

Listed On

December 24, 2024

Highlights / Amenities

All Day Security

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